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Business Law FAQs

You are here: Home / FAQs / Business Law FAQs

These are questions frequently asked by people wanting to know more about various business-related legal issue or terms.  Click on the questions to be taken to the answers.  If you have a question not covered here or on our other FAQs pages, or would like further information, please contact us and we will be glad to help.

Choosing an Entity: What is a Sole Proprietorship?

Choosing an Entity: What is an LLC?

Choosing an Entity: What is a Corporation?

Choosing an Entity: What is an S-Corp?

  • Business Law FAQs
    • Choosing a Business Entity: What is a Sole Proprietorship?
    • Choosing an Entity: What is a Corporation?
    • Choosing an Entity: What is an LLC?
    • Choosing an Entity: What is an S-Corp?
  • Elder Law FAQs
  • Estate Planning FAQs
    • How do I find North Carolina’s Laws Regarding Estates?
    • Nuncupative Will
    • Revocable Living Trust Fees
    • What do you mean, “your ‘will’ is the intestate succession law of the state in which you reside when you die”?
    • What is a Living or Revocable Trust
    • What is a living trust?
    • What is a living will?
    • What is an ILIT?
    • What is an IRA Beneficiary Trust?
    • What is the difference between an IRS Determination Letter, a Private Letter Ruling, and a TAM?
    • What is the difference between Irrevocable and Revocable Trusts?
    • What’s the difference, Attorney prepared VS DIY Estate Plan?
    • Why do you say “everybody has a will”?
    • Why Durable Power of Attorney?
  • General FAQs

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Sorrell Law Firm is a boutique law firm focusing on planning for today’s legal needs and beyond to help clients plan, preserve, and pass-on what is theirs.

Sorrell Law Firm Office

6573 Derby Lane NW
Concord, NC 28027

We are happy to serve our clients in either our office located in Concord or go to their home, office, or medical facility (hospital, rehab, assisted living facility, etc.) within a 50 mile radius of our office- at no additional charge.

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Please call or email to make an appointment:
(704) 784-0846
office@sorrelllawfirm.com

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