I formed 2 LLCs to invest in real state and they were formed during the marriage. do they have ti be sold

I agree with my colleagues. It is not clear from your question for which reason you would sell the LLC or change the ownership of your properties....

Business & Incorporation: If one is not concerned about anonymity, is there really any benefit to forming a single-member LLC?

I agree with my colleagues. An LLC is a business entity that is relatively easy to manage. Although it does not offer full protection for you and...

I am a resident of Alaska. I own two houses in California. Can I set up a LLC in Alaska, and transfer the titles to LLC?

You can set use an Alaska LLC to hold the two CA properties. However, you will have to register your Alaska LLC in CA as a foreign CA and pay the...

Advantages of an LLC owning Real Property

It is important to determine whether you refer to your primary residence or to investment real estate. My colleagues already pointed out the...

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I have two investment rental properties in Seattle. Should I put them in separate LLC's or will one LLC for both be ok.

Congratulations, you are planning ahead and asking the right questions. I recommend my clients to be as conservative as possible. In your case,...

Spoke with several attorneys and received mixed opinions on Startup entity formation and what it would protect us against. WHY??

An LLC is an excellent legal tool for owning and managing a business. From asset protection point of view, it is an efficient instrument for...

LLC Formation / Living Trust Question

What are you trying to achieve by putting the LLC into the Living Trust? If you are doing this for asset protection purposes, the LLC helps you...

HOW DO WE FORM A LLC FOR REAL ESTATE IN NY

My colleagues already pointed out that is money well spent using the services of an attorney for this matter. From asset protection point of...

My VA condo is in DE LLC. Do I have greater creditor protection if rent deposits go into DE than VA bank?

Mr. Capuccio’s questions are relevant. Also, what kind of creditors are you referring to? Are we talking about existing or potential creditors? Do...

Power of attorney - to buy home in India

The Indian consulate in New York, that serves CT residents, should be able to provide you information on how to deal with this issue. See the...