Tag

Llcs

All articles tagged with #llcs

Alec Bohm Files Lawsuit Claiming Parental Misuse of His Finances
sports15 days ago

Alec Bohm Files Lawsuit Claiming Parental Misuse of His Finances

Phillies infielder Alec Bohm filed a Philadelphia County lawsuit accusing his parents of mismanaging and misappropriating his funds through two LLCs they controlled, seeking $3 million and full accounting. The suit, which also cites two additional 2024 LLCs tied to Bohm’s Texas property and alleged use of funds for the parents’ personal expenses and the Alec Bohm Foundation, alleges transfers and lack of disclosure. Both sides’ representatives deny wrongdoing and say they’ll pursue/defend the matter through legal channels; Bohm, who has about $14 million in career earnings plus a $10.2 million salary for 2026, has not publicly commented beyond the case.

real-estate2 years ago

The Rise of LLCs and Trusts in Bay Area Home Purchases.

Nearly 75% of home purchases in Atherton, California, one of the wealthiest areas in the US, were completed through trusts or LLCs, according to data from real estate website Redfin. The trend of using trusts or LLCs to buy homes is becoming increasingly popular among America's wealthiest homebuyers, as it simplifies the inheritance process and provides extra privacy. Using trusts or LLCs can also provide other protections when buying a home you intend to live in yourself and keep within your family.

The Rise of LLCs and Trusts in Bay Area Home Ownership.
real-estate2 years ago

The Rise of LLCs and Trusts in Bay Area Home Ownership.

Atherton, California, one of the wealthiest areas in the US, has seen a growing trend of wealthy Americans using trusts or LLCs to buy homes. About 72% of home purchases in the 94027 ZIP code, which encompasses most of Atherton, were completed last year through trusts or LLCs. Using trusts or LLCs can provide extra privacy and simplify the inheritance process. On one block in Atherton, just two of the 12 homes are actually owned by individual people, with the rest owned by trusts, LLCs, or other kinds of corporations.

Turley exposes Biden family's complex web of LLCs and hidden assets.
politics2 years ago

Turley exposes Biden family's complex web of LLCs and hidden assets.

House Republicans have released new allegations about the Biden family's foreign business dealings, including details about several LLCs, which Fox News contributor Jonathan Turley argues confirm their worst expectations about the "family business." Bank records show that several Biden family members, including grandkids, received funds from foreign business dealings. The family business had dozens of LLCs and accounts that seemed designed to hide these payments. The House Oversight Committee panel believes President Biden "has been involved" in his family's foreign business dealings "from the very beginning." The White House has accused the investigation of being "evidence-free" and "politically-motivated."