Posted by Paul E. Welborn,Jr. on February 20, 2005 at 11:18:27:
I thought the entire concept was protection? If you have so many liens against a property it then is not feasible, it is worth nothing !
LLC’s ,Trust’s and Liens? - Posted by Paul Welborn,Jr.
Posted by Paul Welborn,Jr. on February 13, 2005 at 21:13:55:
I am a real estate investor. I am putting an LLC together. However, for asset protection purposes it is unclear to me if a trust should hold the property and the LLC do the seconds (liens) or the LLC hold the property and the trust do the liens? Is a trust an entity that can loan money and (for example) and make people have debts? This is my question!
Re: LLC’s ,Trust’s and Liens? - Posted by chet
Posted by chet on February 13, 2005 at 21:56:51:
if the trust agreement allows lending then you can lend.
what are you looking at 2 layers of entities? Why not just trust or corp or llc?