All Forum Posts by: Jennifer Gligoric

@Donald DiBuono  "I reside in NY, so I am assuming I will need to set up the company in NY? How does an LLC / Trust work the most advantageously in unison?"

No you do not have to set up your company in NY.  Depending on state taxes many investors find it quite advantageous to incorporate in other states and that includes the trust.  We are big fans of Texas, Wyoming, Nevada, all have advantages with Texas being the one we recommend for most if you do not have properties or live in California, Massachusetts or Delaware.

@Mark S. - Yes, it is state specific which is why it's prudent for investors to look at all their options when setting up their structures.

If you transfer into a trust, particularly an anonymous trust, and then into a LLC held by the trust, that is the only way I know of that typically will avoid a Due on Sale clause or the transfer tax issue discussed above. It depends on the structure of your business.

You’re probably taking one look at the word anonymous land trust and thinking “nope. Don’t have time for that.” Or so you thought!

First and foremost, anonymous land trusts, like the Delaware Statutory Trust or the IRA Business Trust, gives you the powerful asset protection you need against potential lawsuits that go after your assets. At Leafy Legal Services, anonymous land trusts are basically our motto.

We’re here for you, and we’re here for anonymous land trusts.

We don’t want to be *that* company but we’re experts at making sure that your assets and future plans are protected with tax strategies that allow you to grow your wealth.

Our end-of-the-year tax prep season discount is here, get a personalized in-depth confidential consultation now for only $99.00.

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You may also find us on the web at LeafyLegalServices.com or learn more in this brief (<90 sec) Animated Video

You’re probably taking one look at the word anonymous land trust and thinking “nope. Don’t have time for that.” Or so you thought!

First and foremost, anonymous land trusts, like the Delaware Statutory Trust or the IRA Business Trust, gives you the powerful asset protection you need against potential lawsuits that go after your assets. At Leafy Legal Services, anonymous land trusts are basically our motto.

We’re here for you, and we’re here for anonymous land trusts.

We don’t want to be *that* company but we’re experts at making sure that your assets and future plans are protected with tax strategies that allow you to grow your wealth.

Our end-of-the-year tax prep season discount is here, get a personalized in-depth confidential consultation now for only $99.00.

Call (409) 761-1671 and use this code: BPQ41019

You may also find us on the web at LeafyLegalServices.com or learn more in this brief (<90 sec) Animated Video

We get it, you've been meaning to start the Series LLC process but never got around to it. It happens to the best of us. Unfortunately, this leaves a huge gap for potential risks.

If you were to ever encounter someone angry enough to sue you and go after your assets or you're going through a divorce, you might be thinking that you have no protection against this. If you don't have a Series LLC set up, you'd be correct.

A Series LLC not only gives you the peace of mind, but also the reassurance that your assets will stay safe. Who doesn't want that? Don't wait for the risk to happen and wonder where you went wrong, stop it before it happens!

We love providing the protection that investors and entrepreneurs need in their lives. Here at Leafy Legal Services, we have a team that are experts who make sure that your assets and future plans are protected with strategies that allow you to grow your wealth.

If you didn’t think it could get any better, think again! Our end-of-the-year tax prep season discount is here, get a personalized in-depth confidential consultation now for only $99.00.

Call (409) 761-1671 and use this code: BPQ41019

You may also find us on the web at LeafyLegalServices.com or learn more in this brief (<90 sec) Animated Vide

We all love the holiday season. Thanksgiving dinner, Christmas morning, and cherished memories to go around. It’s the time to spend with your loved ones and feel thankful for all the world has offered you.

Although the holiday season is nice, here at Leafy Legal Services, we consider tax prep season to be in the top 3 favorite holidays. What’s better than cozying up next to the fire, stockings hung, and crunching the numbers?

Well… maybe tax prep season isn’t for everyone. That’s where we come in. If you have found yourself underprepared for the tax season coming up, stop stressing!

Our team are experts who make sure that your assets and future plans are protected. We are passionate about what we do and we want people to keep their minds on the holiday season they enjoy, so we can work on the one we love.

“But preparing for the tax season is so expensive! I can’t trust anyone to do it right!”

There’s that stress again! Like we said, there’s no need for that, we got your back!

Our end-of-the-year tax prep season discount is here, get a personalized in-depth confidential consultation now for only $99.00.

Call (409) 761-1671 and use this code: BPQ41019

You may also find us on the web at LeafyLegalServices.com or learn more in this brief (<90 sec) Animated Video

Because of what I've seen pretty much across the board whether it is lotto winner, inheritance or even unexpected work bonuses - the first thing I would do is limit the exposure to anyone else knowing about the windfall & immediately make plans to properly put this in one or more anonymous structures, as well as, change my retirement into either a Solo 401k or SDIRA so I could be more in charge of my own money & have the ability to act as my own bank.

Because I'd want to use a good portion of the money for investing, I'd set up that structure and use a Traditional LLC as my shell corporation and get my accounting in line and then get my estate plan to line up making sure to have all the directives, POA's & pour-over so my desires, and not anyone else, would be upheld if I became incapacitated or worse.

I'd want to protect myself from petty lawsuits or mismanagement from the earliest stages. People who have the right structures & plans set up, in the beginning, are hard targets to sue or swindle. Because of the mindset you have to have to use this forethought - they also tend to make better choices when compared to the same person with same education & experience. 

I'd want to game the system in my favor.

Once that was done, I'd allocate funds towards education & networking, and give myself a budget. The most successful people in this business have relationships they build & fall into the type(s) of investing that align best with who they are as people.  I just did a podcast yesterday with the incredible Ann Amagrande, and she was successful but unhappy as a flipper because emotionally it didn't align, so she took the leap of faith in her own gut feeling & pivoted into a modified buy and hold business that makes her feel great & that she's really helping people.

So that is what I'd do. :)

Do you love being self-employed? Who wouldn’t! Self-employment is the way to go, with the freedom to do what you want with your business without working for the man.

Although you love self-employment, you feel lonely without your 401K that was set up by previous employers. You begin to miss your 401K and wonder if you should call and check up on it to see where it’s at in life and to see if it's happy. Don't.

*Cue cheesy infomercial music* Now introducing a solo 401K! It’s not brand new and has been around for some time but it’s made for business owners just like you! That’s right! It has all the perks of tax advantages, getting a retirement plan, and keeping your freedom.

You may be questioning who can help you with a solo 401K, well you’re in luck! Here at Leafy Legal Services, we are experts in making sure that your assets and plans are protected.

Our team thrives on coming up with wealth-building strategies that work for you. We want to help you keep all that you’ve worked for. After all, it’s only fair.

To learn more about the best legal company around (*cough* us *cough*), click the link below!

If you thought the deal couldn’t get any sweeter, our end-of-the-year tax prep season discount is here! Get a personalized in-depth confidential consultation now for only $99.00.

Call (409) 761-1671 and use this code: BPQ41019

Find us on the web at LeafyLegalServices.com or, for you visual learners, check out this brief (<90 sec) Animated Video

Get it? It’s like TLC’s show “Say Yes To The Dress” but we put a legal spin on it. If our play on words doesn’t tell you how much we love anonymous land trusts, we don’t know what will!

Here at Leafy Legal Services, we love asset protection it’s basically what we do best in life. Trusts are an integral method that we use to give our clients (you) powerful asset security.

Nobody wants a lawsuit where they lose everything they’ve worked for. If you do, it’s time for a reevaluation of your career choice. For everyone else who likes to keep things they built up, we make sure that we give you the peace of mind you deserve.

Why wait to protect what’s important to you?

Our team are experts that make sure that your assets and future plans are protected. We are passionate about what we do and we want to help as many people as possible this year.

Stop focusing on potential lawsuits, and start focusing on Leafy Legal Services— oh and your family this holiday season.

If you didn’t love us already (which seems impossible), our end-of-the-year tax prep season discount is here, get a personalized in-depth confidential consultation now for only $99.00.

Call (409) 761-1671 and use this code: BPQ41019

You may also find us on the web at LeafyLegalServices.com or learn more in this brief (<90 sec) Animated Video

You are not restricted to only creating one in your state or the property which is why states that offer anonymity & other attractive tax benefits are so popular with real estate investors.  Depending on where you live there are a variety of states we've found are more attractive than doing it at someone's home state both for taxing & other purposes & if the entity is structured correctly, you can avoid franchise tax.

Congrats on your first out-of-state deal & diversifying!