Archived
My wife and her 4 brothers inherited a building in Venezuela and we are having problems with the bank there. [email protected]
Douglass's answer
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Answered on February 06, 2013
I agree with attorney Brophy. There is very little you can do from in the US. The only option I see is for your relatives to hire a local attorney...
Archived
What is the best and most complete company structure for liability protection?
Douglass's answer
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Answered on February 06, 2013
From my perspective, asset protection is putting a legal barrier between an individual and his/her net worth in order to avoid frivolous / bogus...
How can you obtain a medical power of attorney for an elderly parent who needs 24 hour care but is unwilling to sign for it?
Douglass's answer
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Answered on February 05, 2013
I agree with my colleague. You should seek advice with a local Elder Law Planning attorney as soon is possible. You may use to AVVO search tool....
Archived
Medicaid eligibility , LT care- bank won't delete mom's name on joint cds. Can mom do document relinquishing rights to cd?
Douglass's answer
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Answered on February 04, 2013
This is a very specific issue. You definitely need to schedule a consultation with an Elder Law - Medicaid/Medicare planning attorney in your area.
Archived
For a married couple with grown children, owning cars, personal residence, house rentals. and some heavy equipment. How best
Douglass's answer
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Answered on February 04, 2013
I recommend separate LLC’s to hold your rental properties and the “heavy equipment”. If the total equity you have in your rental properties is not...
Can I get a POA signed in Mexico overturned here in the US?
Douglass's answer
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Answered on February 04, 2013
If you signed the power of attorney in front of a Mexican Notary in Mexico, and you are now in the US, the Mexican Consulate of your jurisdiction...
Archived
My wife has a very large medical bill that we are unable to pay. How do we protect our assets?
Douglass's answer
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Answered on February 04, 2013
I am sorry to read you are in this situation. This is a difficult one, as we are talking about protecting assets from existing, legitimate...
Archived
I paid off a house and now renting it. What is the best way to protect myself from liablity ? LLC or umbrella ?
Douglass's answer
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Answered on February 01, 2013
The answer is both. The most important factor here is the value of your investment real estate, the revenue it will generate and the value of your...
Archived
Setting up an LLC for my rental properties
Douglass's answer
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Answered on January 31, 2013
The total cost would depend on the number of LLC’s you may need. Your total equity in (and/or fair market value of) the properties will be a...
Archived
Should I dissolve my GA rental property LLC after I moved to NJ ?
Douglass's answer
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Answered on January 30, 2013
I agree with attorney Natoli. There is no point in moving your LLC to NJ. You can look online for a professional registered agent service in...
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