Asset Protection for Real Estate Investors: 5 Secrets To Protect Your Wealth From Lawsuits

Asset Protection for Real Estate Investors: 5 Secrets To Protect Your Wealth From Lawsuits

An easy-to-understand, practical guide to protecting your assets before it’s too late. Are you worried that you’re not doing enough to protect your real estate assets – and that if something happens, you’ll be left high and dry? Are you looking for easy to implement ideas to start protecting your assets today? Then you’ve come to the right place… There’s an old saying that says, “Everything is fine until it’s not.” To look at that saying in context, imagine the following scenario: Two kids out skateboarding trespass on your property. While they’re there, they hurt themselves, and their parents sue you for over $24 million. They win. Or another: You hire a contractor to build you a beachfront property with a budget of $3 million. Four months past the original completion date, the contractor sues you for $5 million more because he went that far over budget without your consent. He wins. Now imagine that both of those were true stories – because they were. Everything was fine for these property owners…until it wasn’t. This same philosophy can be applied to your real estate investments. You can go years without an issue… and then suddenly, the world comes crashing down with one unwarranted lawsuit. Would you be able to recover financially if one of these situations happened to you? Frivolous, unbelievable lawsuits happen every day. The best way to not get caught in the trap of these ridiculous claims is to know how to protect yourself before anything ever happens – and this book is here to tell you how to do just that. In this definitive guide , you’ll discover: The ins and outs of different business entity types – and which ones protect your assets the best in different situations - How “Pride of Ownership” leaves you open and vulnerable - An in-depth look at trusts – including compelling anecdotes about John Wayne and Frank Sinatra to illustrate their value - What land trusts are… and how to take over an existing loan on a property using a living trust - How to keep your other assets – like your cars, ATVs, boats and airplanes – protected from frivolous lawsuits - A discussion on special types of trusts, from Dynasty Trusts to Generation-Skipping Trusts (and when it’s beneficial to use each) - A closer look at LLCs – so you know how to use the business entity type to your maximum benefit - Nuggets of gold straight from the author, who has decades of experience in property ownership and asset protection - How to create your own personal strategy so you can protect your assets – with 8 different strategies you can put into practice so you and your loved ones don’t find yourself in a sticky situation you can’t recover from And much more. Sure, things may be going great now, but how does that saying go again? Oh right – “Everything is fine until it’s not.” It’s time to take action: Make sure you know everything you need to know to protect yourself. Don’t wait for something bad to happen – take the first step in protecting your assets by scrolling up and hitting “Add to Cart” now.