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LLC or TRUST? ✨ #finance #lawmother
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1. Title in LLC ( if you don’t have a mortgage on the property)
2. Ownership of LLC in a trust - for probate avoidance and generational wealth
Pro tip: good insurance is the best foundation. Work with a broker who understands real estate and get homeowners, commercial and umbrella.
As your portfolio grows consider advanced strategies like holding companies, family limited partnerships and irrevocable trusts.
#realestate #realestateinvesting #insurance #umbrella #financialplan #generationalwealth #estateplan #legaltip #moneytip #lawmother #trust #revocablelivingtrust #llc #holdingcompany
2. Ownership of LLC in a trust - for probate avoidance and generational wealth
Pro tip: good insurance is the best foundation. Work with a broker who understands real estate and get homeowners, commercial and umbrella.
As your portfolio grows consider advanced strategies like holding companies, family limited partnerships and irrevocable trusts.
#realestate #realestateinvesting #insurance #umbrella #financialplan #generationalwealth #estateplan #legaltip #moneytip #lawmother #trust #revocablelivingtrust #llc #holdingcompany
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