I came across a company close to me that for a flat fee of $2,500 they advise for income tax, estate and gift tax planning, document preparation for pour-over wills, revocable living trust, durable power of attorney,...
Do I need to get an LLC and/or separate business accounts for my finances when doing a rental business in order to protect my assets against potential lawsuits?
Good day BP - how have most of you gone about legally protecting your assets from lawsuits and liabilities? My research lead me to trusts/LLC combos in Nevada as the “standard” way but before I plunge in I would like...
Hi,how can I word in my lease that the tenant can't sue me or releases the landlord from any court fees if the tenant were to sue? I have an umbrella policy which I think is better than an LLC but how can I protect m...
I know a lot of people use LLCs to protect their rentals. I was wondering if people create a LLC for each individual rental property to maximize protection or do they put all of the properties under one LLC?
has anyone ever done a web search on themselves? scary what info is out there that renters can find. how do you stop you personal info from getting on the web?
Say for example my state-registered business name that I have been using for 10 years is Los Angeles Home Buyers, LLC. Do I have any legal grounds to confront someone who starts holding themselves out as LA Home Buyers?
I have a property that is in pre forclosure status. I have the opportunity to pick it up "subject to". I have the option on my exit strategy to either hold it and rent it to pay the notes or do a "lease option" and at...
Hi, this is my first post on BP...What are some good books on Asset Protection Strategies (Trusts, LLCs, S-Corps, Tax Shields)?
Anyone have issues with Scott Smith? I wanted asset protection and used his company. All I have been getting is the run around, speaking with sales people and junior people and never speak a lawyer. They have setup...