Legal Question in Wills and Trusts in New Jersey

Re: property purchase

There really is no simple answer to your question. We would have to examine each of your relative interest in the property, the kind of property to be held, etc. The choice of entity/trust is a big decision. If we can be of assistance, let us know.

Re: property purchase

It is very likely that an LLC will turn out to be the best choice for you out of all the available business forms so you should probably be thinking in that direction. There are some tradeoffs that you can discuss with your lawyer once he or she has an opportunity to fully understand your situation and objectives.

My firm handles matters of this type, however it may be easier for you to work with a lawyer whose office is closer to you. If I can be of further help to you, call or email.

See also: http://info.corbettlaw.net/lawguru.htm

Re: property purchase

I have read what the other attorneys have written, and I agree with them, an LLC may turn out to be your best choice, but you MUST get some solid advice from an attorney who handles commercial and investment real estate.

If you would like, give me a call; I am in Hackensack (northern New Jersey). I will be happy to discuss

this with you; a brief telephone consultation will be free.

My contact information can be obtained from the links below, just click on the Attorney Profile link. Let my secretary know you found me through LawGuru.

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exact facts of your situation, including facts which you have not mentioned in your question, may completely change the result for your situation.