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Updated almost 2 years ago on . Most recent reply

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25
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7
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Sri Allen
7
Votes |
25
Posts

LLC/S-Corp/Entity planning - basic asset protection/tax strategy

Sri Allen
Posted

Hey,

Can anyone help me provide individual /company contact details who can help me create Entity planning (LLC/S-Corp/trust/asset protection..etc)?

I did check various companies.. I feel it’s too much costly. Pls advise me if I can take any individuals help or small firm to help me on this. Really appreciate your comments.

-Sri Allen

Most Popular Reply

User Stats

160
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186
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Jason Marino
Pro Member
  • Attorney
186
Votes |
160
Posts
Jason Marino
Pro Member
  • Attorney
Replied

Hi Sri,

I agree with the posts above. A quality asset protection structure has a price when it is created by professionals. You can try to create these entities yourself, but you will need to spend time and research them in detail to have entities that will be able to withstand a lawsuit. The time that you are spending on learning about these entities could be used on other things, and it additionally has a price as a result of this. I will lastly say that, in my own experience, I have never seen a lawsuit (not including a small claim's court case) that cost a defendant less than what many of the common asset protection structures cost to create.

  • Jason Marino
  • Loading replies...