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Blog / 11.16.21 /Kenneth R. Jacobsand
A Matter of Trust – Issues for Boards When Owners Transfer Apartments to Trusts, LLCs, & Other Legal Entities
Why Are So Many People Considering Transfers to Trusts and LLC’s? 1. Speed up Estate Transfers – Transfers to trusts avoid delays in probating assets under a will; a Trust is also easier to amend and provides more flexibility in changing beneficiaries than wills do 2. Tax Planning. – Transfers to family managed LLC’s allows …
News / 11.10.21 /Kenneth R. Jacobsand
Webinar: A Matter of Trust – When Owners Transfer Apartments to Trusts, LLCs, & Other Legal Entities
Register NOW for our November 16th, Cooperator Town Hall Event at 2:00pm EST. Led by Kenneth R. Jacobs and A.J. Morgenstern. Shareholders and unit owners often seek to transfer ownership of their apartments to Revocable Living Trusts, Medicaid Trusts, Family Limited Liability Companies and other artificial entities in order to avoid probate and reduce their …
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