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<div dir="ltr">It’s the converse: protecting one’s personal assets from LLC creditors or lawsuits, if LLC is maintained, insured, capitalized, and operated so as not to permit piercing the veil. </div>
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<div dir="ltr">Joshua D. McKarcher</div>
<div dir="ltr">McKarcher Law PLLC</div>
<div dir="ltr">537 6th Street</div>
<div dir="ltr">Clarkston, WA 99403</div>
<div dir="ltr">(509) 758-3345</div>
<div dir="ltr">(509) 758-3314 (fax)</div>
<div dir="ltr">josh@mckarcherlaw.com</div>
<div dir="ltr"><a href="http://www.mckarcherlaw.com/">www.mckarcherlaw.com</a></div>
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<div id="divRplyFwdMsg" dir="ltr"><font face="Calibri, sans-serif" style="font-size:11pt" color="#000000"><b>From:</b> wsbapt-bounces@lists.wsbarppt.com <wsbapt-bounces@lists.wsbarppt.com> on behalf of Jeff@bellanddavispllc.com <Jeff@bellanddavispllc.com><br>
<b>Sent:</b> Thursday, November 21, 2024 10:35:48 AM<br>
<b>To:</b> 'WSBA Probate & Trust Listserv' <wsbapt@lists.wsbarppt.com><br>
<b>Subject:</b> [WSBAPT] Trust vs. LLC for Real Property</font>
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<p class="x_MsoNormal">LIstmates:</p>
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<p class="x_MsoNormal">More and more I have estate planning clients insisting on creating an LLC to “protect” their real property from creditors. Obviously, a revocable trust will not protect assets. However, it seems to me, if I have a judgment against an
individual who owns all or part of an LLC, I will just levy on their membership units and dissolve the LLC, especially if they own 100% and then sell the real property. As its owned by the LLC, the individual would not have a homestead claim. Sure, an LLC
may be an easy way to transfer real property to family members without probate, but what is the reasoning behind these requests?</p>
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<p class="x_MsoNormal">Jeff Davis</p>
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<p class="x_MsoNormal"><b><span style="font-family:"Tahoma",sans-serif">W. Jeff Davis</span></b></p>
<p class="x_MsoNormal"><b><span style="font-size:10.0pt; font-family:"Tahoma",sans-serif; color:black">BELL & DAVIS PLLC</span></b></p>
<p class="x_MsoNormal"><b><span style="font-size:10.0pt; font-family:"Tahoma",sans-serif; color:black">Attorneys at Law</span></b><span style="font-size:10.0pt; font-family:"Tahoma",sans-serif; color:black"><br>
P.O. Box 510</span></p>
<p class="x_MsoNormal"><span style="font-size:10.0pt; font-family:"Tahoma",sans-serif; color:black">720 E. Washington Street, Suite 105<br>
Sequim WA 98382<br>
Phone: (360) 683.1129 <br>
Fax: (360) 683.1258 <br>
email: </span><span style="font-size:10.0pt; font-family:"Tahoma",sans-serif"><a href="mailto:jeff@bellanddavispllc.com"><span style="color:#0563C1">jeff@bellanddavispllc.com</span></a><span style="color:black"><br>
</span></span><span style=""><a href="http://www.bellanddavispllc.com/" originalsrc="http://www.bellanddavispllc.com/" shash="aaYLG45ypx+cRGlfXOI64dSQWwuNQVHPB1IQRVP87tTWJ55iIB46WYvcGZyRmwzJq3zW7of9JejcNLOYrdkCJ9/Uj95Jd6Y+C89RB+tBxedwzoWH8geGYqhRfl4p0spRFCslgBp8qkcGwq9JmStDDfgONpI1+RTgFcSUoE89VLE=" target="_blank"><span style="font-size:10.0pt; font-family:"Tahoma",sans-serif; color:blue">www.bellanddavispllc.com</span></a></span><span style="font-size:10.0pt; font-family:"Tahoma",sans-serif; color:black"><br>
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or call 360.683.1129.</span><span style="font-size:10.0pt; font-family:"Tahoma",sans-serif"></span></p>
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