Category: Asset Protection

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 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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Form an LLC in Colorado – Bronchicklaw vs. Legalzoom

Many people flock to websites like LEGALZOOMTM to do their LLC filings to form an LLC in Colorado.  The #1 reason they do is that they think it’s easier, faster and cheaper than using a lawyer. Let’s compare… Review – LEGALZOOMTM is not a law firm, they just play one on TV.  Seriously, famous OJ attorney Robert […]

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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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Top 10 Ways to Get Sued- Part 2

By Attorney William Bronchick Here it is, the official, “Top 10 Ways to Get Sued” – guaranteed! In our previous post, we covered the 1st 5 Ways to Get Sued and NOW in Part 2, we will cover 5 more ways! Here are numbers 6-10. 6. Try to Call Employees Independent Contractors.  Many employers hire employees, but […]

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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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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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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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Forming a Colorado LLC without a Lawyer

The internet is flooded with various articles that portray forming a Colorado LLC as the easiest thing in the world, and that you do not need a lawyer to help you with it. According to them, filling up the blanks in ready-made online templates is enough to form a Colorado LLC successfully. Although you can set up a […]

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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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