If I want limited liability and the ability to take home most of what I make, what is the best legal structure?

Attorney Ezold gives sound advice. An LLC is an excellent legal to isolate the liabilities generated by a business (or other risky assets as for...

Forclosure

In order to get a comprehensive answer, you may want to provide more elements: 1. Is the property you are referring to your primary residence? ...

Should I set up a Corporation to be the managing partner of an LLC to protect myself from any liability?

An LLC is an excellent legal tool for isolating the risk generated by a risky asset like an investment property or a business. However, it does...

A prenuptial agreement is a very efficient way to reduce the potential financial impact of a divorce. However, a lot of people put off this idea...

Will giving my sister my inheritance to set up a revocable Trust with us both as the beneficiaries a good protection?

Your description leaves open several questions. You say that from time to time you withdraw money to maintain the household. If you in fact have...

Spendthrift and other trusts in Nevada for out-of-state resident.

Given the total net worth you mention, you definitely should consider an asset protection plan that includes an exit strategy that allows you...

Can we put equity of rental property into revocable trust?

Both colleagues give sound advice. The main question that needs to be answered here is: What is your purpose? If you seek to protect your...

Is it possible to set up LLCs and a FLP for asset protection and put the FLP into a Dynasty trust of Delaware to preserve assets

It is possible. Question is whether it will serve your purposes. A lot of depends on what kind of assets you want to put in the LLC’s: liquid,...

How do we get rid of a partner in an LLC thats an ex-criminal?

Attorney Smith gives sound advice. The operating agreement of your LLC should outline the specific procedure to be followed for the withdrawal,...

How do you create a primary LLC and then create LLC's by State that are part of the primary LLC?

I agree with attorney Weisblatt. In order to give an accurate answer to your question, we would need to know what your main purpose is : tax...

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