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Blog Posts in July, 2014

What is Probate?

Probate is a legal process that takes place after someone dies. It includes administering a deceased person's Will, identifying proper beneficiaries for the deceased person's assets, having ...
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Can a mortgage securing my real estate be based on consideration other than an actual loan?

Yes. 'Cash' loans most effectively equity-strip property, but they have their drawbacks. Your lender pays taxes on your interest payments, and you may not be able to fully encumber your assets ...
Continue reading "Can a mortgage securing my real estate be based on consideration other than an actual loan?" »

Once we protectively title each property, should we reduce its exposed equity with debt-shields as you suggest with the family home?

Absolutely. You want to adopt the same equity reduction strategies you'd use with your home. The goal is to fully encumber your real estate. You want that profile of 'poverty' that ...
Continue reading "Once we protectively title each property, should we reduce its exposed equity with debt-shields as you suggest with the family home?" »

Would titling my investment property to a land trust be preferable to an LLC?

Land trusts are chiefly used in Illinois, Florida, Georgia, California, Colorado and several other states, but can be used in any state. The land trust can own any type of real estate, including the ...
Continue reading "Would titling my investment property to a land trust be preferable to an LLC?" »
The Presser Law Firm, P.A. - Asset Protection Attorney
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