Ready to Protect Your Real Estate Investments?
In the latest episode of the Raising Private Money podcast, Jay Conner, the Private Money Authority, dives into the crucial topic of asset protection with the nation's leading asset protection attorney, Robert Bluhm.
If you're a real estate investor looking to safeguard your hard-earned assets, this is an episode you won't want to miss.
Here are some key takeaways from the episode:
1. The Importance of Asset Protection: Robert Bluhm provides valuable insights into the critical importance of protecting your real estate investments from lawsuits, tax liabilities, and IRS audits. He shares stories of individuals who faced significant financial implications due to not having proper asset protection in place.
2. Types of Protective Entities: Learn about the different types of protective entities available to real estate investors, such as limited liability companies (LLCs), limited partnerships, trusts, and more. Discover how the right entity can provide the necessary shield to safeguard your assets in the event of legal challenges.
3. Personal Property Trusts: Robert Bluhm delves into the concept of personal property trusts and how they can be used to protect assets such as vehicles, cash, and other personal property.
4. Tailored Asset Protection Strategies: While emphasizing that there is no one-size-fits-all solution, Robert highlights the importance of tailoring asset protection strategies to individual circumstances and the specific state laws governing real estate
Whether you're a novice or a seasoned real estate investor, the knowledge shared in this episode can help you fortify your financial security and mitigate potential risks.
Protecting your real estate assets is a vital aspect of cultivating long-term financial success in the real estate industry.
Don't miss out on the opportunity to equip yourself with crucial insights and take proactive measures to safeguard your hard-earned investments!
Timestamps:
0:01 - Get Ready To Be Plugged Into The Money
1:14 - Jay’s New Book: “Where To Get The Money Now”- https://www.JayConner.com/Book
3:24 - Today’s guest: Robert Bluhm
6:32 - Who is Robert Bluhm?
8:21 - How many years have been helping people protect their assets?
8:41 - What is Asset Protection?
9:15 - Strategies for protecting your assets
10:31 - What is the best type of entity for asset protection?
12:25 - How complicated is the process of determining what kind of entity is right for you?
13:11 - Different states have different law
13:48 - Connect with Robert Bluhm - https://www.AssetDefenseTeam.com
15:15 - Know the rules, follow the rules and you will be okay