Advantages of Limited Partnerships LPs allow for pass-through taxation for both the limited partner and the general partner. Limited partners are not held personally responsible for the debts and liabilities of the business, although the GP, if an individual, may be...
RealEstate Articles and Resources
4 Reasons To Use A Limited Partnership Or LLC For Real Estate Investments
After searching the market for the perfect piece of real estate, you have found property that will satisfy your needs and give you future opportunities. It is now time to be concerned about protecting yourself from the risks involved in property ownership. One way to...
Six Ways Joint Ownership Could Cost You
Many people use joint ownership (the holding of title by two or more people), without really thinking about it. It is often used as a substitute for estate planning because it is cheaper, which is why some call it the "poor man’s will". It may seem like a simple and...
9 Rules to Consider Before Signing an Arbitration Provision
By Theodore Sutton Binding arbitration is becoming a popular method to resolve disputes in real estate transactions. Arbitration provides certain advantages that courts do not. For instance, arbitrations are private, they resolve disputes in a more timely and...
Does Asset Protection Trump the US Constitution?
An Alaska Supreme Court Rules on Alaska Domestic Asset Protection Trusts Created to Protect Assets from a Montana Lawsuit Court Case: Toni 1 Trust, by Tangwall v. Wacker 2018 WL 1125033 For fraudulent conveyances, Can one state assert exclusive jurisdiction over...
Five Steps for Real Estate Asset Protection
When purchasing real estate, it's critical to protect ourselves and our possessions from lawsuits. We live in the most sue-happy society, in one of the most litigious times, and you need to protect yourself. One way to help prevent people from obtaining all your...