96: 6 Keys to Protecting your Properties from Lawsuits with Scott Smith
b'
Scott Smith is the owner of Royal Legal Solutions, an asset protection company for real estate investors which develops strategies to maximize tax savings and protect from lawsuits. He himself is a real estate investor who holds real estate investments in 10 states. He believes that if a person is building a real estate empire, he is bound to get sued and being one step ahead is the wisest way to protect his assets.
During the episode, Scott explains the 6 keys that would help property owners protect their assets from devastating lawsuits. In the real estate world, getting sued is a common thing and a very expensive one. He explains the foundation of asset protection and several ideas that go with it. Listen in and find out why real estate investors need professional asset protection.
\\xa0
Where we are:
Johnny - Ukraine
Sam - Florida
\\xa0
Links:
\\xa0
Time Stamps:
07:57 \\u2013 His journey to Real Estate Investing
12:28 \\u2013 The foundation for protecting assets
17:45 \\u2013 Lawsuits from accidents
20:21 \\u2013 The truth about Insurance Companies
22:10 \\u2013 Getting started with Asset Protection
23:37 \\u2013 Series LLC
28:43 \\u2013 Insurance and other asset protection
31:17 \\u2013 Recommendations for what insurance to choose
32:51 \\u2013 Umbrella Policy
33:33 \\u2013 Separation of the asset with your personal name
34:37 \\u2013 Compartmentalization of Assets
37:43 \\u2013 The Unanimity Structure
40:20 \\u2013 What do Royal Legal Solutions do?
\\xa0
If you enjoyed this episode, do us a favor and share it! Also if you haven\\u2019t already, please take a minute to leave us a 5-star review on iTunes and\\xa0claim your bonus here!
Copyright 2017. All rights reserved. Read our\\xa0disclaimer here.
'