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Jeffrey Matsen - ArticlesSavy LawyerAn unbelievable tax dodge with huge tax benefits -or- The proper tax and legal advice which included a very practical and well thought out plan? This article is a true story about a small business owners misfortune and the IRS' audit. The small business owner won. An Ounce of Prevention (and Proper Planning) Can Offset a Pound or More of LiabilityReal estate investments (other than your personal residence) need to be placed in a liability protected entity like a limited liability company. The risks are too great to take a chance for personal exposure above and beyond the value of the property. The set up of a limited liability company is at least the threshold step that should be taken for the protection of personal assets when real property is involved. HOW TO AVOID PROBATE - ALMOSTProbate should be avoided because it can be very expensive. Legal and Executor fees and other costs have to be paid before your assets can be distributed to your heirs. The cost of Probate is based on the value of the property in your estate If you own property in other states, your heirs could face multiple Probates each one according to the laws of that state. Is Your California Limited Liability Company In Proper Compliance?This article describes what is required to keep your California LLC in compliance with state laws and requirements. FDIC Insurance for Corporate AccountsIn light of the current state of the economy and the roll of thegovernment and the banks, we though it prudent to comment on corporate accounts and how they are insured by the FDIC. Why Use Family Limited Liability Companies?This article explains why you should use a family limited liability company (FLLC), what it is, how it is set up,the asset protection features,How it saves Estate Taxes, how to control the property, tax free gifting to heirs, and lifetime gifts. Business Contracts ProvisionsThis short srticle merely touches on some important, very fundamental contract provisions. Obviously, any contract should either be prepared or reviewed by a competent attorney. Warning: Protect your Real Estate InvestmentsThis is a brief article on protecting your real estate investment by placing it in a Limited Liability Company. Avoid VEIL Piercing of Limited Liability CompaniesOne of the principal legal benefits for business owners and real estate investors in using LLCs to conduct their businesses and hold their real estate is the limited liability shield provided by LLC statutes to LLC members and managers. This shield protects the personal assets of these members and managers (e.g., their homes and savings) from being at risk for debts of the LLC and the business assets and real estate the LLC owns. Limited Liability Companies DefinedThis article answers some basic questions about LLCs, defines certain asspects of the LLC, and provides exaples to illustrate how LLCs are used
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