Skip to content
×
Try PRO Free Today!
BiggerPockets Pro offers you a comprehensive suite of tools and resources
Market and Deal Finder Tools
Deal Analysis Calculators
Property Management Software
Exclusive discounts to Home Depot, RentRedi, and more
$0
7 days free
$828/yr or $69/mo when billed monthly.
$390/yr or $32.5/mo when billed annually.
7 days free. Cancel anytime.
Already a Pro Member? Sign in here

Join Over 3 Million Real Estate Investors

Create a free BiggerPockets account to comment, participate, and connect with over 3 million real estate investors.
Use your real name
By signing up, you indicate that you agree to the BiggerPockets Terms & Conditions.
The community here is like my own little personal real estate army that I can depend upon to help me through ANY problems I come across.
Local Real Estate Networking
All Forum Categories
Followed Discussions
Followed Categories
Followed People
Followed Locations
Market News & Data
General Info
Real Estate Strategies
Landlording & Rental Properties
Real Estate Professionals
Financial, Tax, & Legal
Real Estate Classifieds
Reviews & Feedback

Updated almost 2 years ago on . Most recent reply

User Stats

30
Posts
9
Votes
Mike Gardner
  • Real Estate Investor
  • Dubliln, OH
9
Votes |
30
Posts

Asset Protection

Mike Gardner
  • Real Estate Investor
  • Dubliln, OH
Posted

Do any members have any suggestion for a good asset protection Attorney, not looking for a sales person, looking for a good asset protection attorney, in the Ohio area preferred, or someone familiar with our laws.

For those with questions, looking to protect our Real Estate Assets....

Most Popular Reply

User Stats

129
Posts
105
Votes
Pat Marco
  • Real Estate Attorney
  • Manhattan, NY
105
Votes |
129
Posts
Pat Marco
  • Real Estate Attorney
  • Manhattan, NY
Replied

I am an excellent tax and asset protection attorney specializing in real estate and business

Our focus is on simple, inexpensive and powerful structures that are:

1) easy to understand and fast to implement

2) easy to use to conduct business and transactions without on going attorneys help

3) easy to modify or change

4) easy to unwind or cancel

5) easy to pass on to loved ones in the future

What we have successfully done for our clients for years is strip the equity by placing a special kind of lien against the equity of each of their properties.

There is a way to do that with legal reason and the liens are to their own LLC (just one LLC entity in WY that can strip the equity of all their portfolio of properties making it impossible for anyone to collect anything beyond their insurance coverage)

By the way the structure I am writing about here keeps our clients in full control with no on going fees or modification fees and they only pay a small amount to keep that one LLC current each year

This of course has to be structured prior to being sued because if you use our services to structure your assets in this manner, it will only take 3 days but if you have a lawsuit that has been filed against you, there is a 50/50 chance the plaintiff's attorney will complain to the court that the liens were placed after the lawsuit had been initiated.

Let us know if we can assist you since you needed guidance

Loading replies...