Home and Rental Property Planning
Estate Planning for Your Home
Most people agree their home is one of the most important assets they own. The timing and means of transferring your home must be reviewed by your estate planning attorney to avoid unintended consequences (i.e. probate, unintentional disinheritance of heirs, and capital gains taxes). In some instances, a specialized trust can plan for the protection of the equity in your home from Medicaid and other creditors.
Rental Properties
Protecting assets from rental property liability is very important. If the rental property is held in your name, this could expose your other assets to law suits if, for example, a tenant slips and falls. Limited liability companies can be a vehicle to protect assets by isolating real estate in separate entities.
Connect with Us
You have spent your entire life accumulating wealth and assets. Our goal is to ensure each client has a legacy plan that protects their wealth and assets, for present and future generations.
If you have questions about estate planning or if you would like to schedule a complimentary consultation with one of our attorneys, please call The Law Network PC at 303.267.1111, email us, or use our contact form. We look forward to working with you.