Top 5% of Non-Profit Lawyers in Myrtle Beach, SC | UpCounsel

Myrtle Beach Non-Profit Attorneys & Lawyers

Steven Stark Non-Profit Lawyer for Myrtle Beach, SC

178 reviews

Joshua Garber Non-Profit Lawyer for Myrtle Beach, SC

148 reviews

Seth Wiener Non-Profit Lawyer for Myrtle Beach, SC

430 reviews

Joseph Espaillat Non-Profit Lawyer for Myrtle Beach, SC

Stephanie Gordon Non-Profit Lawyer for Myrtle Beach, SC

Gregory L. Wilkinson, Esq. Non-Profit Lawyer for Myrtle Beach, SC

Jessica Palvino Non-Profit Lawyer for Myrtle Beach, SC

Roby Yadegar Non-Profit Lawyer for Myrtle Beach, SC

Stacy Smith Non-Profit Lawyer for Myrtle Beach, SC

72 reviews

Why use UpCounsel to hire a Myrtle Beach Non-Profit Attorney?

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Legal Services Offered by Our On-Demand Myrtle Beach Non-Profit Attorneys

On UpCounsel, you can find and connect with top-rated Myrtle Beach non-profit attorneys & lawyers that provide a range of non-profit law services for startup non-profits to more seasoned non-profits around the city of Myrtle Beach. Any of the top-rated Myrtle Beach non-profit lawyers you connect with will be available to help with a variety of your non-profit legal needs on-demand or on an ongoing basis.

From the forming of a non-profit organization to obtaining tax-exempt status from the IRS, to complying with federal and state laws governing fundraising and operations, the advice of experienced Myrtle Beach non-profit attorney is crucial throughout each stage of your non-profit’s growth. Whether you are forming a 501(c)(3) or 501(c)(4), you can easily hire an experienced Myrtle Beach non-profit lawyer on UpCounsel for your on-demand or ongoing non-profit legal needs today.

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What Is a Condition Subsequent?

A condition subsequent (CS) is an exit clause from an existing contract. The agreement between parties includes language that frees one of them from the deal. This happens when a conditional outcome occurs. A CS relieves a party of all obligations.

What's the Purpose of a Condition Subsequent?

Think of a condition subsequent as an escape clause. It ends a party's contractual obligation. In contracts, all involved parties have certain responsibilities. The CS gives one party the ability to walk away from the promise to perform a duty.

A CS is a kind of insurance for one or more parties. It makes sure that one of the groups in the contract can leave when certain conditions are met.

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Preferred Return

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What Is Preferred Return?

A preferred return—simply called pref—describes the claim on profits given to preferred investors in a project. The preferred investors will be the first to receive returns up to a certain percentage, generally 8 to 10 percent. Once you reach this profit percentage, the excess profits are split among the rest of the investors as agreed upon in negotiations. This type of return is most commonly used in real estate investment.

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There are three main questions when it comes to calculating preferred return:

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