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This is the audio version of one of our most popular webinars. For the full visual experience with slides, charts, and bonus breakdowns, head to theWealthElevator.com/video
Is your net worth a million dollars or more? Feeling overwhelmed by the potential threat of lawsuits and the complexity of asset protection? In this episode, we simplify the process and guide you step-by-step on how to protect your valuable assets. We cover essential strategies like forming an LLC, separating business and real estate assets, setting up a holding company, and respecting your organizational structure. Discover advanced tactics like domestic asset protection trusts and essential insurance recommendations. Learn how to build a fortress around your wealth and safeguard your financial future.
00:00 Introduction: Protecting Your Wealth from Lawsuits
00:27 Understanding the Risks for High Earners
00:53 The Basics of Asset Protection
02:16 Step 1: Forming an LLC
03:20 Step 2: Separating Real Estate from Business
05:08 Step 3: Establishing a Holding Company
07:30 Step 4: Respecting Your Entity Organization Structure
09:21 Step 5: Asset Protection Trusts
11:45 Step 6: Don't Skip on Insurance
13:05 Step 7: Regularly Review and Adjust
14:21 Conclusion: Building a Fortress Around Your Wealth
To get the full visual experience with slides, charts, fun animated gifs head to theWealthElevator.com/video. The preceding is not tax, legal, or investment advice, nor an offer to sell securities or investment products. Always make informed decisions with professional guidance.
Hosted on Acast. See acast.com/privacy for more information.
By Lane KawaokaThis is the audio version of one of our most popular webinars. For the full visual experience with slides, charts, and bonus breakdowns, head to theWealthElevator.com/video
Is your net worth a million dollars or more? Feeling overwhelmed by the potential threat of lawsuits and the complexity of asset protection? In this episode, we simplify the process and guide you step-by-step on how to protect your valuable assets. We cover essential strategies like forming an LLC, separating business and real estate assets, setting up a holding company, and respecting your organizational structure. Discover advanced tactics like domestic asset protection trusts and essential insurance recommendations. Learn how to build a fortress around your wealth and safeguard your financial future.
00:00 Introduction: Protecting Your Wealth from Lawsuits
00:27 Understanding the Risks for High Earners
00:53 The Basics of Asset Protection
02:16 Step 1: Forming an LLC
03:20 Step 2: Separating Real Estate from Business
05:08 Step 3: Establishing a Holding Company
07:30 Step 4: Respecting Your Entity Organization Structure
09:21 Step 5: Asset Protection Trusts
11:45 Step 6: Don't Skip on Insurance
13:05 Step 7: Regularly Review and Adjust
14:21 Conclusion: Building a Fortress Around Your Wealth
To get the full visual experience with slides, charts, fun animated gifs head to theWealthElevator.com/video. The preceding is not tax, legal, or investment advice, nor an offer to sell securities or investment products. Always make informed decisions with professional guidance.
Hosted on Acast. See acast.com/privacy for more information.