by Durham Law Firm | Aug 9, 2022 | Elder Law, Medicaid
If you or a loved one needs nursing home care and you’re finding it difficult to afford the high cost, you may wonder if Medicaid can help. In North Carolina, “Long Term Care Medicaid” can help offset the cost of nursing home care. Let’s look at the application...
by Durham Law Firm | Aug 4, 2022 | Business
Starting your own company is easy. However, making the correct choice for your business entity type is challenging. Determining which business entity is right for your business is essential to take full advantage of your chosen model’s benefits. Let’s look at common...
by Durham Law Firm | Jul 28, 2022 | Business
If you need an EIN for your LLC in North Carolina, don't worry. The process of obtaining one is simple and free. But what is an EIN and why do you need one for your business? Find out why you need an EIN, how to apply for an EIN, and how to start your LLC off right in...
by Durham Law Firm | Jul 20, 2022 | Business
What is a disregarded entity? In the most basic sense, it is a business type that the federal government ignores for tax purposes. The most common disregarded entity for federal income tax purposes is the single-member limited liability company (SMLLC). Let's look at...
by Durham Law Firm | Jul 15, 2022 | HWH Updates
As a member managed LLC member, part of your role is to act in good faith and put the interests of the LLC above your own. Your fiduciary duty includes making decisions that are in the best interest of the LLC. It's also crucial that you do not take advantage of your...
