Goals, Business Plans & Entities
Market News & Data
General Info
Real Estate Strategies

Landlording & Rental Properties
Real Estate Professionals
Financial, Tax, & Legal


Real Estate Classifieds
Reviews & Feedback
Updated 10 months ago on . Most recent reply

CA Attorney Recommendations - LLC & Trust Formation
Hey,
I have been searching for the right legal team to assist in entity formation, with anonymity and asset protection top of mind.
I am interested in using WY Statutory Trusts and LLCs to box up each individual property, and then using a separate LLC for the management. However, I've heard many mixed opinions from different professionals. Anderson Business Advisors claim that this is a solid plan, but I've had a WY attorney also say the statutory trust will not transfer well to our CA properties. They then suggested a WY LLC instead. At this point I thought that would be the end of it, but then heard from another CA attorney this will not hold up well either. I'm thinking of going with Mark J Kohler's firm, but they have not yet confirmed they are able to create a structure like this or something similar.
The more I read about this matter, the more confused I feel on what to do next. I'm just curious if anyone has successfully set up a similar structure, and which firm you used to help in the set-up. Any and all advice is appreciated!