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Asset Protection Tip #3-Use an LLC
If you have investment real estate, aside from insurance, moving it into a limited liability company (LLC) can be an effective way to protect your assets. A properly operated LLC can limit inside liability- where the property is the source of the liability, such as a slip and fall. Generally an LLC limits inside liability…
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Corporate Transparency Act and Estate Planning
Starting on January 1, 2024, under the new Corporate Transparency Act (CTA), owners of certain business entities must file a report with the federal government. If you have an entity (corporation, limited liability company, family limited partnership, etc.) as part of your estate plan, you might be subject to the new law. In order to…
Category: Limited Liability Company
Eckert & Krautkramer, LLC
Protecting Assets, Preserving Dignity, Ensuring Peace of Mind
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