Plainfield Black Real Estate Lawyer: Real Estate Transactions and Black Wealth Transfer

 Posted on March 29, 2023 in Real Estate Transactions

Legal Help with the Sale and Purchase of Real Estate

Historically, Black families have been marginalized from the real estate market. Attorney Sean Robertson aims to increase Black families' access to the real estate market. Attorney Robertson is highly skilled and experienced in residential and commercial real estate transactions. Attorney Robertson is the founder of Gateville Law Firm, with over 50 years of real estate experience. Our support staff has worked for reputable title companies where they have processed multiple thousands of real estate transactions. Experience should matter to you because thousands of real estate transactions teach invaluable lessons which can benefit you. At Gateville Law Firm, our real estate attorneys and the team have established a top-notched real estate reputation.

Real Estate Team for Real Estate Investors

Real estate transactions require precision and expertise. In addition, real estate investors need experience and asset protection knowledge. Attorney Robertson graduated from DePaul University College of Law, where he concentrated his legal studies in tax and wealth law. Attorney Robertson focused on tax law because it has a significant background in the following areas:

• Real Estate Transactions and Real Estate Structure Planning

• Expertise in LLCs, Partnerships, and Corporations

• Tax Planning, including LLC, Partnership, and Corporation Tax Planning

• Business Organizations and Corporate Law

Real estate transactions involve multiple areas of law that impact a real estate transaction. A real estate transaction is a risky proposition with many twists and turns—the lengthy contracts and title issues make uncovering liens, judgments, and tax issues vital. Our business manager was formerly the title manager of a reputable title company for over 15 years. As a result, the teams' title experience is invaluable to real estate investors.

Asset Protection and Business Entity Selection for Real Estate Investments

Real estate investments contain significant legal risks. Unfortunately, most real estate investors underestimate the legal risks and the jeopardy of these risks to their personal and family portfolios. Our attorneys are skilled at utilizing Series LLCs, Land Trusts, and other business entities' strategies to segregate and protect one’s assets.

A Series LLC is a limited liability company ("LLC") that enables real estate investors to segregate their legal risks by creating separate LLCs for each property. The Series LLC is a liability-reducing strategy limiting one's legal risks by limiting liability to a specific property to that property. The Series LLC enables property investors to limit liability to a particular property. This strategy is helpful for real estate investors owning multiple investment properties. Owning multiple investment properties increases the risks of a lawsuit, which could threaten' s a family's wealth from creditors' concerns caused by real estate investment properties.

Estate Planning for Landlords and Real Estate Investors

Attorney Robertson is a Plainfield African American Real Estate Attorney assisting real estate investors with estate planning. Our estate planning legal services help landlords and investors, particularly African American Real Estate Investors. Creating black wealth is essential to reduce the income and wealth gap in the United States. Therefore, estate planning is a significant wealth creation and transfer tool for African Americans and everyone. Call us today at 630-780-1034 or fill out the contact form, and we will contact you.