They just asked me what business name I want the paperwork under.
Should I form an LLC and or just use our names and than transfer it later? I have very little money and would like to do what is best but I need to get back to him asap.
I think I will just put it in our names for now until we learn more.
This gives you the flexibility at settlement to take title in your own name, your LLC, or your trust.
I usually end up taking title in my own name, but my estate planning attorney is telling me that I should at a minimum take title in a trust to avoid probate issues.