For property owners throughout Hawaii, matters of real estate law, business law and estate planning often intersect. To protect a real estate investment, sound guidance is needed in each of these areas of law.
The formation of a real estate limited liability company (LLC) or a family-limited partnership can be an effective tool for preserving assets for future generations.
If you own residential or commercial property, it is important to be aware of your legal options for minimizing taxes and liability. When you form a real estate LLC or a family-limited partnership, your individual property interests are incorporated into a shared asset, and you become entitled to a discount on your overall taxable estate.
Additionally, a real estate LLC can increase your liability protection for commercial property interests in the event that anything unexpected happens to the company or a shareholder.
Wealth preservation can also be achieved with integrated legal solutions such as strategic tax planning and the creation of trusts and private foundations.
At the Law Offices of Reuben S. F. Wong, we have extensive experience in LLC and partnership formation, real estate law, wealth preservation, and tax planning.
For more on our reputation and record of positive results, please see our firm overview.
For more on estate planning and wealth preservation, please see our estate planning overview.