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The Virtual Attorney Blog

Feb
01
2012

The Virtual Attorney has partnered with Rocket Lawyer in order to better serve Rocket Lawyer clients. To view my Rocket Lawyer profile, click here.

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Feb
01
2012

Articles of Organization

Articles of organization are similar to articles of incorporation for a corporation. They set forth items such as the name of the LLC and the names and addresses of the organizers. They are filed with the state in which the LLC is being formed

Operating Agreement

An LLC operating agreement is similar to corporate by-laws. It sets forth the rights and responsibilities of the LLC members and the inner workings of the LLC.

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Feb
01
2012

Articles of Incorporation

Articles of incorporation are what legally create your corporation. They set forth things such as the name of the corporation, the purpose and who the founding members are. States have their own specific requirements on what must be contained in the Articles of Incorporation. Once completed, they are filed with the appropriate state body.

By-laws

By-laws are what govern the day to day operations for the corporation once it is founded. They typically set up the board of directors, officers and committees....

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Feb
01
2012

An AB living trust is also commonly referred to as a “Bypass Trust”. It is a common planning tool for married couples and works like this: Property is put in the living trust by the couple much like any other living trust. However, when the first spouse dies, the property in the living trust is distributed to two separate trusts, typically one trust for the surviving spouse and one trust for other beneficiaries named by the deceased spouse (many times this is the couple’s children). The surviving spouse will be able to...

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Feb
01
2012

A will is a legal declaration that does a number of things. A will provides for who should receive property upon an individual’s death. An individual can state in a will who should receive specific items of property and who should receive the remaining property. A will is also used to appoint a guardian for minor children who is legally responsible for the children when the person signing the will dies. An individual also names a personal representative through a will who is the individual that manages the estate, begins the probate process, gathers assets and disposes of them according to...

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Feb
01
2012

HIPAA stands for the Health Insurance Portability and Accountability Act which is a federal law that, among other things, requires healthcare providers to take steps to ensure the confidentiality and security of protected health information (PHI) when it is transferred, received, handled, or shared. This means that hospitals and other healthcare providers are required under HIPAA to limit who has access to your confidential healthcare information including limiting access to loved ones. A HIPAA Authorization form enables certain trusted family and friends to have access to your medical...

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