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[ Follow Ups ] [ Post Followup ] [ The Forum Board ] [ FAQ ] Re: Using the LLC Posted by gcastro on September 22, 2003 at 3:43 PM In Reply to: Using the LLC posted by Ward-CA- on September 22, 2003 at 3:16 PM :So, if my buyer sues me becouse he thinks that I didn't disclose a problem with the property on purpose, then If Buyer comes after me, the LLC would protect my individual assets? : Ward, I want to do business with the LLC, and use the Title holding trust, when I buy and flip properties. But I am still confused: Should the LLC be the Trustee, or beneficiary of the title holding trusts that I form? : ================= : Gonzalo, : Have your LLC as the trustee of the trust and you or your investors as the beneficiaries of the trust. Follow Ups: Re: Using the LLC Mark D 4:05 PM, 09/22/03 (0) Post a Followup: Name : E-Mail : Subject : Comments: : :So, if my buyer sues me becouse he thinks that I didn't disclose a problem with the property on purpose, then If Buyer comes after me, the LLC would protect my individual assets? : : : Ward, I want to do business with the LLC, and use the Title holding trust, when I buy and flip properties. But I am still confused: Should the LLC be the Trustee, or beneficiary of the title holding trusts that I form? : : ================= : : Gonzalo, : : Have your LLC as the trustee of the trust and you or your investors as the beneficiaries of the trust. Optional Link URL: Link Title: Optional Image URL: [ Follow Ups ] [ Post Followup ] [ The Forum Board ] [ FAQ ] WWWAdmin 2.0a © 1997 Matt Wright and DBasics Software Company, All Rights Reserved

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