How Should I Structure My Assets For Benefit Of My Family?

3 posts by 2 users

No avatar medium John Thedford
Lender, Realtor, Investor from Naples, FL
1921 Posts
871 Votes
7 Awards

John Thedford

Lender, Realtor, Investor from Naples, Florida

Feb 08 '13, 02:38 PM


Ok, here goes.
I have an S corp. It has assets including 3 pieces of real estate.
2. I have an LLC. It has one asset..a piece of real estate. There is an 80K loan against it.
3. I have a trust that I use to pass on very expensive collectibles.
4. I have a Solo 401K. It has six figures.

I guess thats about it. How do I take this conglomerate and put it to my wife's benefit?

Thanks!
MGJohn



John Thedford, Next Home Advisors
Telephone: 239-200-5600
Website: http://www.capehomebuyers.com
FL Agent # SL3098153


Medium 1399568508 avatar jocko13 John Knappmann
Landlord from Flat Rock, MI
180 Posts
25 Votes
2 Awards

John Knappmann

Landlord from Flat Rock, Michigan

Feb 08 '13, 03:42 PM


You have more than enough in assets, in diverse holdings, that it is worth it to speak to a lawyer in your state.



John Thedford

Lender, Realtor, Investor from Naples, Florida

Feb 08 '13, 06:11 PM


Yes, I know. I have been needing to talk to one for some time. I realize that. I thought I would run that by people on here and see what ideas they had and pass those by the attorney.

Thanks John!
MGJohn



John Thedford, Next Home Advisors
Telephone: 239-200-5600
Website: http://www.capehomebuyers.com
FL Agent # SL3098153


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