4 Mistakes Not To Make When Deeding Property Into Your LLC Or Trust

What are the four (4) mistakes one can make on deeds? Clint Coons, Esq. will discuss what he sees as the four mistakes one can make on deeding their property into an LLC or Trust.

"There are a lot of things that can get messed up, especially with the legal description that could possibly cloud title, or could even create problems with your overall asset protection structure or with insurance." 0:28

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We've prepared a simple list to help you follow the basics of what causes these mistakes to be made by many.

Deeds are often the first step in the process of transferring ownership of a property, and they are also the most important documents that you can have. They define what you own and who owns it. This is especially true when dealing with multiple owners or tenants who wish to keep their identities private.

They also set legal precedence for any future disputes. Due to this, it is important that you have a good understanding of how deeds work and what kind of information should be included in them. Deeds are one of the most common types of land records that exist in real estate transactions. They’re usually used when there is more than one owner or tenant involved with a property who wishes to keep their identities private from each other and from government agencies (such as state revenue departments).

We hope that our content is able to help you avoid these mistakes and help develop your understanding of deeds. If you enjoyed the video, please consider subscribing to the channel and checking out some of our other videos. If you have any questions or comments, feel free to leave them in the comment section below!

Show Notes:
0:00 Intro
0:16 Briefing
0:46 Quitclaim Deed
2:40 The Name
5:18 Description
6:41 Personal Address
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ABOUT CLINT COONS

Clint Coons, Esq. is one of the founding partners of Anderson Law Group, Clint has grown his legal and tax firm to over 400 employees by assisting real estate investors with creating and implementing solid entity structuring plans. His success in these regards is in large part due to his personal investing experience. A successful attorney, real estate investor, and speaker, Clint has used his innovative and dynamic strategies coupled with knowledge borne from experience to help thousands of people save millions of dollars and build real wealth.

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The information provided in this video should not be construed or relied on as legal advice for any specific fact or circumstance. Its content was prepared by Anderson Business Advisors with its main office at 3225 McLeod Drive Suite 100 Las Vegas, Nevada 89121. This video is designed for entertainment and information purposes only. Viewing this video does not create an attorney-client relationship with Anderson Business Advisors or any of its lawyers. You should not act or rely on any of the information contained herein without seeking professional legal advice.

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