Category: Asset Protection

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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Quick Guide to Colorado Business Entities

Business entities come in so many types in Colorado that business owners can easily get confused. Here’s a quick guide that will hopefully shed a little light on business entities for you. Sole Proprietorship: A business owned and controlled by one person. The designation provides no protection from business liabilities. It is taxed on the person’s […]

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5 Great Reasons to Use Land Trusts

By William Bronchick, Esq.    Do you own real estate in your own name or an LLC?  If so, you are a sitting duck for tenant lawsuits, the IRS and code enforcement.  Whether you own in your own name or an LLC, the information is public about who’s behind the ownership of your properties, and that […]

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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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When Should You Use a Land Trust vs. and LLC in Real Estate?

By William Bronchick, Esq. and Bronchick Law In this very short video, I will discuss the differences between using LLCs and land trusts for holding real estate. Listen and learn!

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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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S corporation versus LLC

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LLC Taxed as S Corporation

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Land Trust Versus LLC for Owning Rental Real Estate

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Why a Colorado Single Member LLC Can be a Disaster

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