Legal Question in Real Estate Law in Florida

Re: how to pretect my assets

Your question sounds like you know part of the answer is to title the assets in different corporate structures to avoid the loss of all your assets by one lawsuit.I have done this type of asset protection work and would be happy to talk with you about your options. If you need this assistance send me your phone number at a good time to reach there.I'm glad he realized the problem before it became more than a problem to you and look forward to speaking with.

Re: how to protect my assets

NOTE: This communication is not intended as and should not be interpreted as legal advice. Rather, it is intended solely as a general discussion of legal principles. You should not rely on or take action based on this communication without first presenting ALL relevant details to a competent attorney in your jurisdiction and then receiving the attorney's individualized advice for you. By reading the "Response" to your question or comment, you agree that the opinion expressed is not intended to, nor does it, create any attorney-client relationship, nor does it constitute legal advice to any person reviewing such information, nor will it be considered an attorney-client privileged communication. If you do not agree, then stop right here, and do not read any further.

Just like other issues, there is not a single answer for all situations. What is good for one may not be the correct answer for another. The easiest way to protect assets is to buy each property in the name of a different corporation. Only that corporation would then be responsible for the liabilities of that property. Of course, proper insurance is also a must to safeguard your investment.

You should meet with an attorney who can provide various solutions to your asset protection questions. Let that attorney guide you in taking the necessary steps to ensure your financial safety.

Scott R. Jay, Esq.