Blog

last free consultation
Counsel
Taylor Darcy

My Last Free Consultation

I offered a free consultation to bring legal services to the masses and help people who need legal help but cannot afford it. I no longer do. I genuinely believed that if people got to know me and the service I provide, they would want to hire me. People have

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Independent Contractor
Business Formation
Taylor Darcy

An Independent Contractor Needs an LLC Too

One question I get asked is, “I’m an independent contractor for XYZ. Do I need an LLC?” Indepedent Contractors for Well Known Companies Many businesses such as Mary Kay Cosmetics, Beachbody, Optavia, and Amway have their work/sales force as independent contractors.  They are paid a commission for the products they

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Contracts and Difficult Customers
Contracts
Taylor Darcy

Contracts and Difficult Customers Oh My!

One question I’ve been asked is, “How can I protect myself against difficult customers?” Boilerplate Contracts Are Almost Worthless A client contacted me about a couple of demanding clients they were having trouble with; she wanted to know if she handled the situation appropriately. We talked about the clients at

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Business Contract
Contracts
Taylor Darcy

A Good Contract Should Be Like Goldilocks

One of the fundamental building blocks of a business is the contract.  Almost everything in business is based on the contract.  Ask any attorney, and they can recite the basic elements of a contract: offer, acceptance, and consideration.  It’s too bad that’s not all there is when it comes to

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S-Corporation Boardroom
Business Formation
Taylor Darcy

Limited Liability Company v. S-Corporation

One question I get asked is, “Which should I choose, an LLC or an S-Corporation?” In the ultimate lawyer fashion, I usually respond with, “It depends.” https://www.youtube.com/watch?v=9tnSrL93VwM LLC Benefits An LLC is a relatively new type of business entity.  It offers a simple structure, limited liability, and pass-through taxation. However,

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Cars going fast representing Legal Zoom
Business Formation
Taylor Darcy

Why You Should Hire an Attorney Rather Than Legal Zoom

A common question I get asked is, “Why should I hire you instead of Legal Zoom?” There are several reasons why you should hire Think Legal, P.C., and not Legal Zoom. Legal Zoom is Not an Attorney First, and not to state the obvious, they are not attorneys. They cannot

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Corporation
Business Formation
Taylor Darcy

Surprise! It’s a Corporation!

Perhaps the question I get most is, “If an LLC gives me liability protection and pass-through taxation, why would I want to form a corporation?” If you’re in California or plan on forming a business in California, please schedule a consultation. We will discuss the best entity choice for your

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Liability insurance and an LLC protect assets better than separately
Counsel
Taylor Darcy

Liability Insurance v. Limited Liability Company (LLC)

A common misconception is that liability insurance is better than an LLC. This is categorically untrue. Liability insurance has its place in protecting your business and personal assets, just like having an LLC.  They fulfill different roles and should be used together, not separate.  If you would like to discuss

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Business Formation
Taylor Darcy

To LLC or Not to LLC, That is The Question!

One of the questions that I get asked often, is “do I really need an LLC”? Like a good attorney, my answer is, “it depends.” The choice of whether or not to form an LLC depends on a number of factors.  You should review your goals with a licensed attorney

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Business Formation
Taylor Darcy

Limits on Limited Partnerships

You need the money. You have found the perfect partner. They are willing to put up the capital and be a “silent” partner. The problem is, they do not want to be liable for the partnerships’ debts. Limited partnerships might be the perfect solution. They have some significant benefits over sole

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Business Formation
Taylor Darcy

5 Reasons Your Single-Member LLC Needs an Operating Agreement

An operating agreement is a contract that controls your LLC’s operations as well as member interaction with each other and with the LLC. You may think that an operating agreement is not necessary for your single-member LLC – after all – why make an agreement with yourself? Is the Operating

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Business Planning
Taylor Darcy

Not All Attorneys Litigate (Sue People)

There is a false perception that all attorneys do is litigate. This false notion is perpetuated by legal movies and television shows. Every attorney in a movie or on television is in court all the time. They live for the argument. There is always a surprise witness or piece of

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