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#Asset Protection Attorney in Rockville
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Create a comprehensive and strategic asset protection plan with the legal help of our experienced Rockville asset protection lawyers.Kurland Law Group is the best bankruptcy firm that can help. For more information contact us at (301) 424-2834.
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painexam · 2 years
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Protect and Cover your ASSets!
Protect and Cover your ASSets! -
Interview with attorney Ken Falcon-
Is Malpractice insurance enough? Dr. Rosenblum sits down and asks Ken Falcon about protecting assets, trusts, and more. Ken is an attorney practicing in Rockville Center, NY.  For more information, see his contact information below.
Ken Falcon Falcon Rappaport & Berkman PLLC
265 Sunrise Highway, Suite 50 (MAIL) Rockville Centre, New York 11570 T: (516) 599-0888 F: (516) 599-0889
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NRAP’s Blocks and Brunch Ultrasound CME Workshop- NYC Oct. 8th, 2022
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THE BUSINESS OF PAIN MEDICINE- Oct. 20th, 2022
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NYSIPP/ NJSIPP's Annual Pain Medicine Symposium
Come and join us in New Jersey in November | NYNJ-PS 2022 
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  Podcast Resources:
David Rosenblum, M.D.
Ken Falcon, Falcon Rappaport & Berkman PLLC
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lawandplanning · 3 years
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ATTORNEY EVAN J. KRAME FOR TAX AND ESTATE PLANNING
Evan J. Krame is an attorney practicing in the fields of estate planning, trust administration, guardianships, probate, and tax planning. A 1982 graduate of the National Law Center at George Washington University, Evan continued at George Washington to complete a Master’s in Taxation in 1985. He frequently advises clients on asset protection, probate avoidance, disability planning and tax planning. Evan is a member of the Bar of Maryland and New York.
Evan has a particular interest in planning for persons with disabilities. Much of his practice is dedicated to providing choices in the management and application of assets. Evan also serves as trustee for special needs trusts and guardian for elderly and incapacitated adults.
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Evan was an adjunct professor at American University Law School in 1999 teaching Estate Planning. He served as an adjunct professor at Montgomery College for seven years. Evan served as co-chair of the Estates, Trusts and Probate Section of the District of Columbia Bar in 1999 and 2000. Under his leadership, the Section was granted the D.C. Bar Pro Bono Project of the Year (2000).
Evan has been an expert witness on probate matters. Evan taught estate planning at American University Law School. He has appeared on the national radio show “Parents’ Perspectives” and on the television program “Law School for the Public”. Articles written by Evan have appeared in EQUITY e-newsletter online, the Legal Times and the Gazette Newspapers. He has spoken often on the topic of “end of life decision making”. Evan has addressed a variety of national and local groups on topics of estate planning, planning for persons with disabilities, trust drafting and trust administration.
Evan has lectured on estates and trusts and related topics to such groups as the District of Columbia Trial Lawyers Association, the Estates, Trusts and Probate Section of the D.C. Bar, at Suburban Hospital, to the staff of U.S. Trust Company in New York, the Organization of Bar Investigators and the public.
To Know More, Visit :- Law Offices of Evan J. Krame, Esq. in Rockville, Maryland
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Can a Creditor Force a Business into Involuntary Bankruptcy?
Financially distressed companies may reach a point where bankruptcy is the best path forward. When most business owners and managers think about filing for bankruptcy protection, they think about making a long, hard choice after carefully considering the needs of their company. However, in some cases, aggressive creditors can actually force a business, involuntarily, into filing for bankruptcy.
Involuntary Bankruptcy: Chapter 7 and Chapter 11
When certain conditions are met, the United States bankruptcy code allows creditors to file an involuntary bankruptcy petition on behalf of a business. In these cases, creditors can only push a company into either Chapter 7 bankruptcy or Chapter 11 bankruptcy. For companies that have less than 12 creditors, one creditor can petition to do this alone. On the other hand, when a company has at least 12 total creditors, then a minimum of three of the creditors must agree to join the involuntary bankruptcy petition.
Why Would a Creditor File for Involuntary Bankruptcy?  
Involuntary bankruptcy is a potential debt collection tool. When a bankruptcy petition is successfully filed, it triggers an automatic stay. The automatic stay puts an immediate stop to almost all collection efforts. Certain creditors may want an automatic stay to be put in place to keep a company from transferring away all of its remaining assets, either to another creditor or to a related firm.
What Can a Business Do to Prevent an Involuntary Bankruptcy?
If a creditor or group of creditors files an involuntary bankruptcy petition on behalf of your business, you have two options.
Accept the filing: This means the bankruptcy case will move forward.
Object to the filing: This sets up a legal fight over the bankruptcy.
Should your company object to an involuntary bankruptcy filing, you need to get an experienced business attorney by your side as soon as possible.
At this point, your case will be set to go before a bankruptcy judge who will hear both sides and determine whether or not your business is legally required to file for bankruptcy protection. Your business attorney will be able to review the specific circumstances of your case and determine the best way to protect the rights and interests of your firm.
Let a Business Attorney Help
An experienced business lawyer in Rockville, MD can protect the rights of businesses just like yours. If your business is in need of legal assistance, please contact a law firm today to schedule a confidential case evaluation.
Thank you to our friends and contributors at The Law Office of Daniel J. Wright for their insight into business law and bankruptcy.
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legalinfotips-blog · 6 years
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Business Incorporation: Frequently Asked Questions
If you are in the process of launching your own business, first of all, “Congratulations!” It is an amazing experience to create something of your own from the ground up. Now that you have gotten things rolling, however, it may be time to consider what is next for your budding business. Depending on the type of business you have and your personal circumstances, you may be considering which type of business structure is right for you. There are several different options for you to consider and this article covers a few questions you may have.
First, what is a business structure? A business structure is a way of organizing your business so that it can operate under the rules and regulation of your state and the federal government. Business structures can include anything from sole proprietorship to  incorporation. Your state will require you to register your business and specify its structure. You will use this opportunity to formalize your business name and you should also use it as an opportunity to choose a business structure that will best fit your needs.
Why kind of business structure should I consider? There are many options for you to consider, but two of the most common ones for small business owners are the DBA alias structure or incorporation. A DBA or “doing business as” is simply a method for you to register your work under a different business name. For example, if your name is Susan Smith and you own a lawn care business, you can file a DBA for Susan Smith doing business as “Susan’s Lawn Care” and use that name for your formal business functions. DBA’s are simple and quick to setup, but provide you no protection asset protection in the event of a lawsuit. THis means that a plaintiff could potentially sue your business and get money or attach assets that you own personally, like your bank account or home.  A corporation can offer more protection. A corporation, unlike a simple DBA, can limit your personal liability. This means that if you are sued, a successful plaintiff could access the money and assets belonging to your business, but they could not reach your personal assets. Corporations are typically more expensive and complicated to set up and maintain, but can be worth it in the long run.
Are there multiple types of corporations? Yes. Most small businesses operate as S Corporations or LLC’s (Limited Liability Corporations). Which one is right for you depends on several things, and comes with its own set of rules regarding how you must pay income taxes on profits earned through your business.
If you are preparing to incorporate or make any other major decision regarding the structure of your business, you should consider consulting a qualified business law attorney. An experienced business attorney will be able to give you advice about what will be best for you and your business. A qualified business atttonrey will also be able to help you execute your plans efficiently so that you are able to keep your business moving as it grows. Consider reaching out to a business law lawyer Rockville, MD trusts to learn more about business structures and a variety of other important legal business topics.
Thank you to our contributors at The Law Office of Daniel J. Wright for their insight into business law.
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