Category: Asset Protection

Land Trusts101

By William Bronchick, Esq. Land Trusts can be a way to legally “smokescreen ownership of a property. Although it does not provide liability protection (this is done through a correct entity) it is an additional layer of protection against people that want to try to bring a frivolous lawsuit against you, among other advantages. It’s […]

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Protecting Yourself From Identity Theft – Ultimate 7 Tips For Avoiding ID Theft

Courtesy of William Bronchick, Bronchick Law We all hate the idea of losing our identity. We all hate it even more if it turns out that it was stolen and is being used by someone else. So what can we do to prevent it? These 7 tips make a good starting point! The first thing […]

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The Right Entity for Your Business May Not Be What You Think!

Many people are operating full or part-time small business and seeking to incorporate for tax reasons, professionalism, and liability protection.  However, most of them are getting it wrong in choosing an entity. The popular thing to do is form an LLC (limited liability company) because it is simple and requires fewer formalities than a corporation.  […]

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How to Save Taxes in New York or Colorado with an S corporation

How to Save Taxes with an S Corporation Ever wondered why so many small businesses—more than 3,000,000 at last count—operate as an S corporation? Simple. An S corporation saves business owners big taxes in three separate ways: First, as compared to regular corporations (sometimes called C corporations), S corporation owners can use the business’s losses […]

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William Bronchick

10 Ways to Identify if Your Lawyer is Right for You

Courtesy of Bronchick Law, William Bronchick, Esq. An ideal lawyer will not just have a string of impressive credentials or gold lettering on his door. He or she will be caring, concerned, and devoted to their work. You need to think carefully before laying your trust in a lawyer after all in some cases your […]

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Getting the Right Estate Planning Advice from Attorneys

The best estate planning advice would be to protect your loved ones after your lifetime by talking to an estate planning attorney and making necessary plans. It may appear to be a simple thing but today, because of the growth of knowledge, people are getting too many questions and many of them are related to […]

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The Feasibility of Using a Delaware Series LLC in Other States

The Series LLC, while not available in every state, can be used in other states if properly done.  This article discusses the feasibility in particular of using a Delaware Series LLC in other states that don’t have a Series LLC statute. The series LLC is a form of a limited liability company that provides liability […]

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Guide to Colorado Business Entities William Bronchick

Business entities come in so many types that business owners can easily get confused. Hereís a quick guide that will hopefully shed a little light on business entities for you. Business Entities “C” Corporation: A corporation whose shares are held by shareholders. The entity stands apart from the shareholders for legal and tax purposes. The […]

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Asset Protection for Real Estate Investors – The Quick & Dirty Version

by Attorney William Bronchick I’m going to show you in this short video how to set up your entities for real estate for maximum privacy, maximum liability protection and to help minimize taxes:   Free eBook on how to protect your assets! Click Here.        

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Nevada Corporation Scams

Whenever hear one of those Nevada corporations scams ad on the radio it makes me cringe.  While Nevada corporations are appropriate in certain circumstances, they have little value for real estate investors outside of the state of Nevada. Here are the reasons the promoters give for using Nevada corporations, and my debunking of them: 1. […]

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