Posts by Michael Becker
What is a Sole Proprietorship and is it Right For You?
Are you considering starting a new business venture in Wilmington, NC? Do you want to understand the ins and outs of running a sole proprietorship? Look no further than Rountree Losee LLP to guide you through the process. What is a Sole Proprietorship? A sole proprietorship is the simplest form of business structure. There are…
Read MoreThe Benefits of Forming an LLC in North Carolina
In the ever-evolving business environment of Wilmington, North Carolina, entrepreneurs are continually assessing legal frameworks to protect their interests while nurturing growth. One particularly popular option is the Limited Liability Company (LLC). Whether you’re starting a new venture, managing a small business, or overseeing an established enterprise, understanding the benefits of establishing an LLC in…
Read MoreWhat Are the Benefits of Asset Protection?
Asset protection is an important aspect of financial planning that often gets overlooked until it’s too late. In an unpredictable world where lawsuits, creditors, and financial risks abound, protecting your assets is incredibly important. Whether you’re a business owner or just an individual trying to protect your wealth, understanding the benefits of asset protection is…
Read MoreCTA Imposes New Small Business Reporting Requirements for 2024
Small business owners will have one more item on their compliance to-do list when the Corporate Transparency Act (CTA) takes effect next year. The CTA, enacted as part of the Anti-Money Laundering Act of 2020 (AMLA), places new reporting requirements on many business entities in an effort to expose illegal activities, including the use of…
Read MoreWhen to Update Your Estate Plan
As life progresses, our circumstances change, as do our estate planning needs. Reviewing and updating your estate plan regularly is important to ensure that your final wishes are met and that you are taken care of if you are no longer able to make decisions for yourself. Having a Wilmington estate planning attorney will help…
Read MoreEnforcing Your Rights: Navigating the Eviction Process as a Landlord
As a landlord, evicting a problematic tenant is sometimes necessary to protect your rental property. If you have lawful grounds to initiate eviction in North Carolina, understanding and correctly following every step is critical. If you’re ready to take on the eviction process, the experienced team at Rountree Losee frequently advises landlord clients on legal…
Read MoreThe Mergers & Acquisitions Process in North Carolina
Participating in a merger or acquisition in North Carolina can be a transformative process that can unlock countless opportunities and shape the future of your business or organization. Before engaging in a merger or acquisition, it is important to understand the emotional aspects of the mergers and acquisitions (M&A) process. Benefits of Mergers and Acquisitions…
Read MoreHow to Properly Evict a Tenant in North Carolina
Evicting a tenant can be a challenging and sensitive process for both landlords and tenants. In North Carolina, like in many other states, specific legal procedures must be followed to ensure a fair and lawful eviction. The legal remedy available to landlords for the eviction of a tenant is called summary ejectment. This guide will…
Read MoreWhat Do Maritime Laws Cover?
Maritime law, also known as admiralty law, includes legal matters related to navigable waters. It includes domestic and international laws governing transactions and disputes on or connected to water. This area of law covers various issues, such as commerce, transportation, and personal injuries. Jurisdiction over maritime law cases is primarily held in federal courts in…
Read MoreHow Injured Seamen Receive Compensation From The Jones Act
The maritime industry can be a challenging and hazardous field to work in. Workers are exposed to many dangers, such as falling objects, transportation accidents, fires, and explosions, which increase their risk of accidents and injuries. Unlike land-based workers, maritime workers cannot seek compensation through workers’ compensation benefits. Instead, they are protected under the Jones…
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