In our last post, we looked briefly at some of the basic characteristics of several types of business entities available in the state of New York. The business entities we mentioned last time—sole proprietorships, partnerships and LLCs—are increasingly complicated to form and dissolve, respectively.
A brief look at business entities in New York, their formation and dissolution, P.1
Forming a business is something that should always be done with careful planning and the best possible legal advice. Every business has different needs, of course, and selecting the proper entity type for a business helps ensure the business’ success.
High-asset divorce and litigation do not always go hand-in-hand
Numerous couples in New York have considerable assets that need to be divided when they choose to end their marriages. Many of them believe that they will have to go to court in order to get fair divorce settlements. This, of course, is not something to which they look forward.
