Archived
Creating a website , want personal assets to be protected from lawsuits. If the domain name is owned by an LLC is that enough?
Douglass's answer
|
Answered on December 06, 2012
My colleagues already pointed out clearly that an LLC is a good initial step. You may consider it as a first layer of protection that can isolate...
NY Trust hold Florida property?
Douglass's answer
|
Answered on December 06, 2012
I agree with my colleagues.
The answer is yes, but it is a good idea you have the document reviewed by an estate planning attorney who can help...
Archived
Subject: Medicaid for senior home owners using an "irrevocable trust" for assets.
Question: Does this exist in New Jersey.
Douglass's answer
|
Answered on December 06, 2012
When properly and timely done, a detailed planning can help you to protect your assets. You definitely need to set down with a local estate...
Archived
I would like to transfer 3 rental properties to an existing LLC. How to I transfer the deeds and title insurance?
Douglass's answer
|
Answered on December 05, 2012
Attorney Berger gives sound advice. It is not clear why you seek to transfer ownership of the rentals to the existing LLC.
If your main...
Archived
I want to protect my house which is paid off.I was thinking of quit claim deeding it over to my s corporation is this good ?
Douglass's answer
|
Answered on December 05, 2012
I agree with my colleague in that deeding your home to a business entity is not a good idea: a reassessment of the value may cause a raise of...
Can an LLC partner withdraw from an LLC by email and if so is that a valid withdrawal for the other member to take control?
Douglass's answer
|
Answered on December 04, 2012
Although you indicate the operating agreement is very generic, you need a local business attorney to take a thorough look at it to determine what...
Archived
If you are purchasing land and building is there advantages over a single member LLC vs a multi-member LLC and vice versa?
Douglass's answer
|
Answered on December 04, 2012
Attorney Warring gives sound advice. The question here is what your main concern is: tax planning , involving other stakeholders and/or...
Archived
Question LLC and LLP in AZ..... For assets protection
Douglass's answer
|
Answered on December 04, 2012
An LLC is a very efficient legal tool for business planning and to isolate the risk generated by risky assets as for example investment real...
Archived
Power of attorney overseas
Douglass's answer
|
Answered on November 30, 2012
You do not mention the country you are located in neither the country where the "minor bank account" is located.
The Consulate of the country...
Archived
What business structure is best to form for owning rental properties in multiple states?
Douglass's answer
|
Answered on November 30, 2012
The LLC is an excellent legal tool for owning and managing investment real estate and for isolating the risk it may generate from the rest of your...
Ad
Transform legal challenges into solutions.
Connect now to review your situation.
The Avvo Rating explained
The Avvo Rating explained