Congratulations. You are planning ahead. An LLC is a very efficient legal to hold and manage a business and to isolate the liabilities it may...

LLc protection

I agree with my colleagues. An LLC is an excellent legal tool for isolating the liabilities generated by a risky asset as the venture you...

Want to set up LL c . for my rental business in a state different from where I live .

I agree with attorney Nathan. Depending on the value of your HI rental, the revenue it will generate and your personal net worth (bank and...

Does a LLC investing in real estate need umbrella insurance ? The LLC is insuring each rental prop with landlord insurance .

Yes. I always recommend to my clients and prospects to get an insurance coverage that is as extensive as possible. But as you know, insurance...

My mom owns 1/2 interest in a condo in Vail, it is her only asset. Tittle 19 has told her whey would count this as an asset. My

You may want to provide more information if you want an AVVO attorney to answer your question in a comprehensive way. Is mom already in a nursing...

Can I use funds from one LLC to purchase assets in a new LLC? What are the implications?

I agree with attorney Lutzky in that you should not mix assets from different LLC’s. From asset protection perspective, an LLC is a very good...

How do LLC help in Estate planning

I agree with my colleagues. Filing an LLC will not exempt you from taxes. It is not clear from your question whether you are considering this legal...

What is the best location to consult, in person, with a variety of attorneys with expertise in offshore asset protection?

Very few law firms in the U.S. exclusively work in the area of asset protection planning. Most of us are located on the East Coast. Feel free to...

How to transfer a rental property to LLC to protect other assets in Tennessee?

An LLC is an excellent legal tool to isolate the liabilities generated by a rental property. However, it does not offer full protection for your...

Can I deduct my healthcare and Fastrak bills I pay for with a personal credit card from my LLC? Does this pierce the corp veil?

Comingling personal business and personal expenses and income is never a good idea. I agree with attorney Jacobson. You definitely want to discuss...