Texas Asset Protection Attorneys
Proper formation of your investment or property management business is essential to maintaining control and limiting risk. Whether you are a new investor purchasing your first property or a seasoned investor with specialized needs, the Lonergan Law Firm, PLLC, can give you sound legal advice and provide business formation services to protect your assets. Contact a corporate formation attorney at our Dallas office to learn more.
New Investors
If you are considering the purchase of an investment property, it's not too early to start thinking about risk management and asset protection. How do you want to run your business? What exposure do you have should there be a lawsuit against you? We will meet with you to discuss your business outlook and will help you choose a corporate entity that is appropriate for your investment needs, goals and risk profile.
Intermediate Investors and the Series LLC
Perhaps you already own a few multi-family residences or multiple properties. It's common to own such properties under the umbrella of one corporation, but if you have ever faced the threat of a lawsuit, you will understand how this formation puts your investment at risk. The series LLC (offered in Texas and only a few other states) protects assets at a granular level. It allows you to hold multiple properties in one entity, but the liabilities of each property are limited to the property itself because each property exists in a separate series. Think of each property being held in a separate bucket, but all the buckets are under one umbrella. This type of corporate formation strengthens asset protection.
Experienced Investors
Experienced real estate investors often need specialized investment counsel and complex corporate formation that only a seasoned attorney can give them. At the Lonergan Law Firm, we understand that complicated corporate structures are necessary to protect your capital. We have experience with multi-million dollar deals.
Our team of attorneys is focused on making sure that your investments are safeguarded through advanced planning and appropriate corporate formation. Contact our Dallas law office online or call 214-989-3308 to schedule a consultation for entity selection advice.
