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I work with a lot of people who come to us that want to set up limited liability companies, and they have a living trust. They've been told, "everything's supposed to go into my living trust."

And that's true.

However, there's something you should consider when you're setting up an LLC, even though you have an existing living trust. This brings up the question, "should you put your living trust as the initial member on any filings that are submitted to the state?"

Be sure to watch one of my other videos where I talk about the benefits of having a living trust and what it can do for you by avoiding probate.
   • Setting Up a Living Trust (Estate Pla...  

Here is a complete guide on how to set up your LLC with a Living Trust. This is what you need to know to do it right. Check it out!

Here is a sample assignment document for the transfer of an LLC to a living trust
https://www.dropbox.com/s/1rhlw0gqd4h...

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FREE TAX & ASSET PROTECTION WORKSHOP

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FINANCIAL PLANNING & RESOURCES

Download your free copy of UnTax Yourself eBook and discover the secret to real estate wealth is in the tax deductions. https://aba.link/mdi

For financial strategies, podcasts, articles and details on upcoming workshops visit https://aba.link/clintaba

Here’s a little about me and my book Asset Protection for Real Estate Investors
https://aba.link/clintbio


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ABOUT CLINT COONS

Clint Coons, Esq. is one of the founding partners of Anderson Law Group, Clint has grown his legal and tax firm to over 400 employees by assisting real estate investors with creating and implementing solid entity structuring plans. His success in these regards is in large part due to his personal investing experience. A successful attorney, real estate investor, and speaker, Clint has used his innovative and dynamic strategies coupled with knowledge borne from experience to help thousands of people save millions of dollars and build real wealth.


The information provided in this video should not be construed or relied on as legal advice for any specific fact or circumstance. Its content was prepared by Anderson Business Advisors with its main office at 3225 McLeod Drive Suite 100 Las Vegas, Nevada 89121. This video is designed for entertainment and information purposes only. Viewing this video does not create an attorneyclient relationship with Anderson Business Advisors or any of its lawyers. You should not act or rely on any of the information contained herein without seeking professional legal advice.
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