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ASSET PROTECTION QUESTIONS If I put my real estate into a family limited partnership, won’t my taxes go up? No, not if it is properly done. There will be no adverse tax effects. We now have to transfer your real estate so that the county assessor’s office will not levy any tax increase. My advisors say asset protection does not work. Is this true? This is absolutely not true. We have many success stories to prove the opposite. We recommend that you have your advisors call us and we will be happy to speak with them! If I put my real estate in family limited partnership, won’t my lender own the loan? No, lenders understand that this is not a sale. A transfer to a family limited partnership is similar to a transfer to a living trust. It is done for estate planning purposes. Can a Nevada corporation do business in California without registering in California? Yes, it can. There are certain exceptions in the California Corporations Code to say that foreign (out of state) corporations can conduct certain types of business in California without registering to do business in the state. We have the list and would be happy to provide it to you when you place your order. Do you provide complete Nevada corporate services such as address, mail forwarding, a physical office in Nevada and bank account services? Yes we do. We feel that in order for your Nevada corporations to pass the test as a legitimate out-of-state entity, it should have all corporate records properly done and an address in the state of Nevada.
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