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How to Avoid a Public Property Record

10:53 AM 12/07/2011

 

devotchka

Park Slope, NY

I am about to buy a house, and I would like to avoid a public record under my name.  Any ideas on what my options are? Do I put it under a family trust?  Under an LLC?
Thank you.
 

 

 

DOB
2 answers
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    slopemope

    South Slope, NY

    I am not an attorney, nor do i play one on TV.  An LLC can be looked up here: 
    http://www.dos.state.ny.us/cor...
    so there is just an extra step.  However, your lawyer may know how to file such documents so they don't reveal your information online when searching that database (using him/her as a registered agent, and her/his address for service process).  Generally these are pass through for tax purposes (though not for losses).  
    Other than that, a land trust will definitely fulfill your privacy needs, however there are a host of beneficiary issues as well as potential tax issues.  You would definitely need hand holding for that, or just get one of the online "how-to" kits (NOT!).  
     
    Either way, your attorney would be the one to speak with.  

    12:14 AM 12/08/2011 | 0 Votes

     

     

  • vote

    curated

    NY

    An LLC if properly set up will avoid your name showing up in public records. Consult with your attorney.

    12:11 PM 12/12/2011 | 0 Votes

     

     

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