By: Daniel A. PerryA private equity fund known as a 3(c)(1) Fund refers to the Investment Company Act of 1940, specifically Section 3(c)(1). This section is regarding the allowance of private funds avoiding requirements for the Securities and Exchange Commission (“SEC”). Section 3(c)(1) of the Investment Company Act provides:(c) none of the following persons is […]
By Daniel A. Perry, Esq.As an estate planning attorney, I am always amazed at the number of misconceptions that people hold regarding a certain process or proceeding, especially one as important as estate planning and probate.One very common misconception that I often hear:“I have a very simple situation, my financial accounts are already set up […]
By: Daniel A. PerryWhat are the registration requirements for private funds? Before we answer this question, we must determine whether a private fund is required to register with the Securities and Exchange Commission (“SEC”). General compliance with the securities laws involves a thorough understanding of the Securities Act of 1933. As a general rule, a […]
By Daniel A. Perry, Esq.There are many people (although, certainly not enough people) who take the time to plan their estates and engage in basic legal life planning. However, if you use the wrong strategy you can end up in court for years and years costing tens, if not, hundreds of thousands of dollars.Many people […]
By: Daniel A. Perry In recent years, the sale of products online by independent sellers have reached all-time highs because of websites such as Shopify, Amazon, and Alibaba. Big name-brands have also jumped into the online sales business with large capital investments into the sale of products online. Recently, Tesla announced that they would be shutting […]
By Daniel A. Perry, Esq.One of the passions that I have in addition to the law is helping new entrepreneurs with starting and succeeding in business. There is nothing greater, in my opinion, then being your own boss. However, in today’s legal landscape, choosing the correct legal entity can make all the difference in the […]
By: Daniel A. Perry There is a fact of life that we all must accept. We are living a very litigious society. According to recent reports, there is an estimated 15 million lawsuits that are filed in the United States every year, and unfortunately, the number is growing. Each one of us works our entire lives […]
By Daniel A. Perry, Esq.I hear it all the time … “Dan, we found out how to do this on our own without a trust and without a lawyer. We are just going to title all our accounts as joint tenants so we can avoid probate.”The only advantage to titling accounts as joint tenants is the […]
By Daniel A. Perry, Esq.The decision to transition a loved one to a long-term care nursing home facility is never an easy decision. In addition, the decision and discussion on how to pay for a loved one’s long-term care is an equally difficult decision.Furthermore, paying for long-term care is unique to each family’s circumstances and […]
By Daniel A. Perry, Esq.When families come into my office to discuss their estate planning and legacy planning legal strategy, rarely do they consider the topic of asset protection planning. In fact, many families that I speak with do not think they are wealthy enough (whatever that term means) to consider asset protection planning. So, […]