Archived
What options do I have to protect my real estate asset(rental properties) from lawsuits, and my spouse should I get divorced
Douglass's answer
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Answered on July 23, 2013
A big part of the answer(s) to your question(s) depend on when you purchased the properties (before or after you married) and whether you have a...
Archived
What kind of attorney do I need to protect the assets of my elderly mother that needs to be placed in assisted living
Douglass's answer
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Answered on July 19, 2013
I agree with my colleagues. You want to schedule a consultation with an Elder Law attorney.
The following link will help you preparing the...
Archived
We have a rental property that is a LLC. Do we need to purchase personal liability insurance?
Douglass's answer
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Answered on July 15, 2013
LLC’s, regardless of the state where they are filed, are excellent legal tools to hold and manage investment properties. They also isolate the risk...
Archived
How do i transfer my property into an
LLC
Douglass's answer
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Answered on July 05, 2013
My colleagues already pointed out that you need to change the name on the deed. The following comment is relevant for you if one of the reasons you...
Archived
Is there any business entity that is free and clear from any liability?
Douglass's answer
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Answered on July 01, 2013
I advise my cliente to combine the LLC with legal tools that are specifically designed for asset protection purposes such as a Family Limited...
As a real estate investor, what is the best state to form an LLC for the purposes of purchasing, taxes, selling, and asset prote
Douglass's answer
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Answered on June 24, 2013
LLC’s, regardless of the state where they are filed, are excellent legal tools to hold and manage investment properties. They also isolate the risk...
If I own a LLC business can someone still sue me for my home if its related to my business. Or they sue only the business.
Douglass's answer
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Answered on June 19, 2013
To answer your question: In our legal system, individuals or business entities who are sue worthy may get sued sooner or later.
An LLC is an...
Beginner Indiana real estate investor (rental properties); how to set up land trust and/or LLC for privacy/liability protection?
Douglass's answer
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Answered on June 18, 2013
Congratulations. You are planning ahead.
LLC’s are excellent legal tools to hold and manage investment properties. They also isolate the risk...
Archived
I have a couple of real estate (home) property and want to get them transferred into an LLC. The original loan and everything.
Douglass's answer
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Answered on June 14, 2013
Are the properties you are referring to rentals? What is your main purpose for establishing an LLC?
If you are setting up an LLC for asset...
Archived
Nevada LLC holding one or more California LLCs offers better protection?
Douglass's answer
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Answered on June 11, 2013
All depends on the total net worth that may be exposed in case there would raise any liability issue. From my perspective as an asset protection...
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