Protecting Investment Property From The Rush Of Vacationers

In today’s litigious society, we often have clients calling us and asking for advice on how to protect themselves and their assets from creditors and lawsuits.  Many worries stem from concerns over rental properties and vacation homes (including toys such as jet skis) owned by our clients. There are several techniques that can help the owner of a vacation home relax whenever he rents out the house to vacationers. Often an important starting point is the use of a Limited Liability Company (“LLC”). Below, we highlight some major aspects. Reduced Liability This is a big one. Imagine someone is staying […]