#395 Asset Protection Level 3 - Retirement Accounts and More!
Main Street Business
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The Sale of Home Exemption
If you don't have a tax law firm that you can talk to once year or twice a year on issues like this, one of the topics you want to bring up is protecting my home equity. What would you have a revocable living trust? What state are you in? How much equity is in it? How many improvements have you and all these factors play into it. And if i'm in texas and dave ramsey saying, pay off your home, ok, no lawsuits going to touch that home. If i'm in arkansas and i pay off my home, i might have a problem. So paying off your home is a really precarious conver yes, lot
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