What Are the Different Types of Trusts?

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A revocable living trust is simply a trust to avoid probate death tax. Assi protection trusts allow you to protect the assets not just for your grand kids, but for yourself. L c would not be a replacement for a limited partnership. No, no, i would use it as a foundational piece.

In this week’s episode, Robert Leonard talks with Brian T. Bradley about what asset protection is and why it matters, when a new real estate investor should start considering asset protection, whether new real estate investors need an LLC or not to start investing, how to setup an LLC, the most common and dangerous misconceptions around LLCs, and much, much more!

IN THIS EPISODE, YOU’LL LEARN:

00:00 - Intro

02:33 - What asset protection is and why it is important.

05:39 - When a real estate investor needs to start considering asset protection.

07:34 - What LLCs are and whether or not you need one to invest.

14:52 - Common and dangerous misconceptions around LLCs.

26:28 - How to properly setup and structure LLCs.

36:57 - How LLCs and asset protection works for house hacks.

59:26 - What asset protection trusts are.

And much, much more!

*Disclaimer: Slight timestamp discrepancies may occur due to podcast platform differences.

BOOKS AND RESOURCES

Join the exclusive TIP Mastermind Community to engage in meaningful stock investing discussions with Kyle and the other community members.
Get more content from Robert.
Key Concepts of Asset Protection
Asset Protection Overview Presentation
Gary Keller’s book The Millionaire Real Estate Investor.
All of Robert’s favorite books.

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