> On May 20, 2025, at 11:34, Noah <[email protected]> wrote: > > > > > On Tue, 20 May 2025, 9:23 pm Dale W. Carder, <[email protected] > <mailto:[email protected]>> wrote: >> Thus spake Noah ([email protected] <mailto:[email protected]>) on Tue, May 20, >> 2025 at 08:57:15PM +0300: >> > Folks >> > >> > What happens when the warm body seizes to exist due to natural causes, does >> > their next-of-kim inherit the liability in accordance to the requirements >> > of the RSA? (Annual fees, responses to the abuse@ ) >> >> Is this any different from a sole proprietorship? > > > Sole proprietorships are legal entities. They have some liabilities legally. > Registering them up and closing them down is a legal process > > I am not sure if an individual is a legal entity but the state ID's them once > they are born and update records once they are deceased. > > Noah >
This varies by jurisdiction. A sole proprietorship in California can be nearly as simple as adding a schedule C to your Federal and State tax returns. There’s very little legal effort required beyond that (and the usual business book keeping). In many cases, there’s also a local business tax payment annually (often referred to as a business license). If you want to use a fictitious name, there’s an additional process for that. It’s pretty light weight overall, so I’d say no, there’s not much difference between the minimalist sole proprietorship and an individual. The outcomes I previously described likely apply about equally to both. Owen
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