Jeff Lerman

Important News for All Owners Of Single-Member LLCs

If you own a single-member limited liability company (“SMLLC”) and live in a community property state, recent developments now make it prudent for you to seriously consider adding at least one more member to your LLC (with an appropriate change in your Operating...

Suze Orman is Wrong About California Short Sales

About 15 minutes into her latest public television program, "The Money Class", Suze Orman advises that if you have a home equity line of credit (HELOC) and you do a short sale, you have a big problem. She explains the HELOC is recourse and that even if you do a short...

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