Protect your assets from personal liability through the formation of appropriate business entities.

The risk of imposition of personal liability upon property owners has been increasing as a result of claims being asserted by tenants against their landlords. The primary mechanism by which property owners may protect their personal assets from such potential liability is through the formation of business entities which would hold title to rental properties. Such business entities include Limited Liability Companies, Corporations and in certain instances, Revocable Family Trusts, to which title to real property could be conveyed.