How to Avoid Common Mistakes to Key Legal Issues

Steve gives you valuable insight in an easy to understand format specifically designed for the real estate investor. When you understand the advantages and disadvantages to different legal entities and how these aspects impact your investment plan, your chances of setting up an entity which shares your vision will greatly increase.


Legal Entities

  • Sole Proprietorship
  • General Partnership
  • Limited Partnership
  • C Corporation
  • S Corporation
  • Limited Liability Companies
  • Exceptions to Limited Liability
  • Respect the Corporate Veil

Tenants-in-Common

  • Benefits of Tenants-in-Common
  • Dissolving Tenants-in-Common

Avoiding Partnership Pitfalls

  • 9 Most Common Mistakes Investors Make

Coordinating an Investment Plan with an Estate Plan

  • Wills
  • What Should I Include in a Will?
  • What if I Don’t Have a Will?
  • What is an Executor?
  • What is a Joint Will?
  • Public vs. Private
  • Can a Will be Invalid?
  • Wills and Probate
  • Drafting Your Own Will
  • Living Trusts
  • Who Needs a Living Trust?
  • Avoiding Probate
  • Funding Your Living Trust
  • “Pour-Over” Will
  • What Happens If You Become Incapacitated?

Asset Protection Strategies

  • Can I Protect My Assets?
  • Insurance
  • 7 Biggest Mistakes Investors Make in Setting Up a Family Limited Partnership
  • Advantages of the Land Trust
  • Charitable Remainder Trusts
  • Off-Shore Planning

Purchase and Sale Agreement

  • 5 Pieces of Information to Submit With Your Offer
  • 10 Biggest Mistakes Investors Make When Submitting Offers