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Tag: Legally Mine

The latest updates from Legally Mine

Legally Mine – FLP’s and Homes

August 30, 2013 · by venture: A Legally Mine Blog

A “Family” Limited Partnership (FLP) is a Limited Partnership where most of the partners arc members of the same family group. In 2004, a U.S. Court of Appeals held that family members can enter into valid Family Limited Partnerships. A variety of other courts have also noted that there is no distinction between a Family […]

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A word from Legally Mine on Trusts

August 30, 2013 · by venture: A Legally Mine Blog

This is some good information as well.  If you want to learn more you can always call Legally Mine’s Trust specialists (there is no fee for calling) and they can answer you questions – 800-375-2453

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Separating the Property Management from the Ownership

August 30, 2013 · by venture: A Legally Mine Blog

“The basic rule in asset protection for owning rental properties is to separate the ownership of the properties from the business of managing the properties. The property management company (which faces the majority of the liability) should be kept as lean as possible while the actual ownership of the properties is kept in separate legal […]

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Selecting the best entity for your business – Legally Mine

August 29, 2013 · by venture: A Legally Mine Blog

To operate your business, there are five major business entities used in this country: Proprietorships, General Partnerships, Limited Partnerships, Corporations, and Limited Liability Companies. Two separate and distinct questions need to be asked when considering the right entity for your business: First, which entity offers the best asset protection? A Corporation is generally the optimal […]

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Separate the business from the assets

August 29, 2013 · by venture: A Legally Mine Blog

The basic rule in asset protection for business owners is ro separate the ownership of the major assets from the operation of the business. This keeps the operating company (which faces the majority of the liability) as lean as possible-while the assets needed ro produce a profit are not generally subject ro seizure in the […]

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– What Other People Say About Legally Mine – Legally Mine Reviews

August 28, 2013 · by venture: A Legally Mine Blog

At the end of the lecture we ask all of the attendees to rate their experience and to leave some comments.  The following is what they’re telling us: “Very useful info because I’m creating my own business” Carla C. – D.O.   Indianapolis IN “Outstanding! I’ve been in Practice for 4 years and this is the […]

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DO YOU EVER GET THE FEELING THAT DOCTORS ARE TARGETS FOR LAWSUITS AND TAXES?

August 27, 2013 · by venture: A Legally Mine Blog

When everyday tasks become tainted by anxieties over avoiding lawsuits, your ability to maintain professionalism is lessened. Successful professionals are faced with many challenges, especially financial challenges. Heavy tax burdens as well as legal assaults by trial attorneys are some of the most dangerous and time consuming battles fought by today’s professionals. Through Legally Mine’s […]

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Legally Mine – Who is Dan McNeff

August 26, 2013 · by venture: A Legally Mine Blog

Legally Mine Dan McNeff You have Probably seen Dan McNeff speak at one of your association meetings, or have heard about Legal Mine from a friend.  Over the next few weeks , I hope to be able to share with you some of the information that  Dan has passed on to thousands of others just […]

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The most recent statistics cite that nearly $4 billion ($168 million more than the previous year) was spent in medical malpractice payouts, nearly a 5% increase from the year previous.

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