Gateville Law Firm provides advanced business structure planning strategies for real estate investors, landlords, and commercial property owners to maximize asset protection. One of the most popular business entities for such individuals is a limited liability company or an "LLC." The LLC provides flexibility and limited liability protection for business owners and investors. It limits business creditors' reach to the LLC's assets rather than its owners' personal assets.

Plaintiff's lawyers understand the benefits of an LLC's limited liability protection. They often use the Illinois Consumer Fraud and Deceptive Business Practices Act to go after a business owner's assets in case of a judgment. This makes it crucial for business owners and investors to set up an LLC and incorporate their business or real estate holdings. Combining their business holdings and real estate investments makes it more difficult for Plaintiff's lawyers to collect on their judgments.

At Gateville Law Firm, Montgomery Commercial Real Estate Lawyers assist sellers and buyers in the Kendall and Kane County areas. We help real estate investors and commercial property owners with their legal strategy when they invest in multi-unit apartment complexes and other real estate investments. Real estate investing requires patience and wisdom. This article will discuss real estate advice for purchasing and selling multi-unit buildings. 

Real estate investors must surround themselves with the right team of real estate professionals, including the following:

This article will discuss business entities for real estate investors, landlords, and commercial property owners. The most popular business entity is a limited liability company, an "LLC." The LLC is a method to insulate a business owner's assets from business creditor concerns. The LLC provides limited liability protection for its owners by limiting a business creditor's reach to business assets versus the personal business assets of its owners. Business owners are concerned about limited liability protection and protecting their assets from a creditor's lawsuit.

As a general rule, the LLC provides liability protection, which limits a creditor's remedies to the business assets of the LLC. Plaintiff's lawyers understand the benefits of an LLC's limited liability protection and make their living finding a strategy to go after a business's owner's assets. 

How Do You, as A Real Estate Investor, Coordinate Your Estate Planning With Your Real Estate Properties?

Real Estate Legacy Planning coordinates asset protection, estate planning, and real estate transaction experience to meet the needs of real estate investors. Whether you are a real estate investor or owner of vacation properties, estate planning, and asset protection, the law can provide effective legal strategies to protect your wealth. Unfortunately, most real estate attorneys need help understanding the multi-disciplinary approach required to serve real estate investors’ legal needs effectively.

Gateville Law Firm specializes in assisting real estate investors and property owners with their coordinated business structure, estate planning, and asset protection goals. Additionally, most estate planning attorneys fail to grasp real estate law in serving the legal needs of the real estate community. Real estate legacy planning is the legal strategy that meets the needs of property owners and real estate investors.

Asset Protection: Liability Strategies that Protect Your Wealth

Asset protection is critical because taxes, lawsuits, and recessions threaten the financial and wealth of real estate investors and property owners. Cases increase during difficult times, which threaten the economic viability of communities and real estate investors. As real estate legacy attorneys, we devise specific plans to address the shortfalls of real estate owners. Generally, real estate investors use proper business structures to protect their properties from the legal risks facing property owners. At Gateville Law Firm, we employ asset protection methods that minimize liability concerns and maximize profitability. By placing properties in their individual or joint family names, real estate investors unnecessarily expose their holdings to unnecessary risks. Furthermore, most estate planning attorneys fail to coordinate the real estate structure and asset protection goals with their wealth plans. 

At Gateville Law Firm, Montgomery Commercial Real Estate Lawyers assist sellers and buyers in the Kendall and Kane County areas. We help real estate investors and commercial property owners with their legal strategy when they invest in multi-unit apartment complexes and other real estate investments. Real estate investing requires patience and wisdom. This article will discuss real estate advice for purchasing and selling multi-unit buildings. 

Real estate investors must surround themselves with the right team of real estate professionals, including the following: