Asset Protection What You Need to Know About Protecting Your Assets

%LINK% is important because it serves as a barrier between an individual and their creditors if someone is being sued or is going through a divorce. Warner Lewis of Life Planning, Inc discusses %LINK%  in the Legal Concierge podcast “What You Don’t Know About asset protection.” 


In the podcast, Warner discusses many aspects of asset protection such as Estate Planning, Business Planning and Privacy & Asset Protection Planning. 

He breaks these down further and into Wills, Trusts, POAs, how best to avoid Probate, as well as protecting assets of LLCs, Corporations, formation, maintaining compliance. He also discusses Holding Companies, the differences between revocable and irrevocable trusts so you can decide what is best for your situation.

Have you ever wondered about asset protection? Or if it is possible to protect your assets from predators like creditors, judgments, lawsuits and divorces. 


In this video podcast you can find answers to the following questions and more:

11:17 – Does an LLC protect personal assets?

11:56 – Is there such a thing as guaranteed asset protection?

19:22 – What are the tax consequences of joint tenancy with right of survivorship?

20:48 – What is the difference between joint tenancy vs community property

45:55 – What do you recommend for asset protection with property management?

47:28 – What are the basics that need to be done for compliance with an LLC? Do you have a guide/download for this?


If you are interested in jumping to a specific segment, click on the timestamp below for the segment.

3:45 – Key Concepts & Strategies

12:59 – Joint Tenancy vs Community Property

23:24 – QTIPs & QPRTs

27:42 – Revocable vs Irrevocable Trusts

31:36 – Single Member LLC vs Multi-Member LLC

51:07 – Asset Protection Essentials

Warner get answers to all your asset protection questions on this Legal Concierge Live podcast.

The information provided in this video/podcast is for educational purposes only and is not a substitute for legal, financial, or medical advice of any kind. Warner Lewis of Life Planning, Inc is a trusted, reliable resource to help you find the answers you need when you’re not sure who to turn to if you have a legal question or need a lawyer. 

Call, Toll Free: 877-438-7878, or schedule an appointment at: www.calendly.com/warner-1

Watch for our next Legal Concierge live podcast next week. You can call or write in with your legal questions. We’ll explore your potential options and introduce you to the most qualified attorney for your matter, if appropriate. Learn more on our website legal-concierge.net.

Comments

Post a Comment

Popular posts from this blog

Video Marketing The Many Different Uses For Video Marketing Videos

Image
Video Marketing The Different Types Of Videos Utilized in Video Marketing There are numerous types of different videos used in video marketing. There are explainer videos, animated cartoon videos, product video demonstration videos, 3D animated videos, interview videos, whiteboard videos, motion graphic videos. These are many of the most trendy versions utilized within video marketing. Therefore, where might anyone use one of these plus which video format will be most effective with regards to your requirements? Within this short article, our experts will help you in learning the optimal type of video marketing style video for your store. 3D videos So let's begin using 3D videos while it's frequently utilized for architectural videos today it has a vast array of methods it can be used, the disadvantage its more expensive than other types of animation videos. Whiteboard videos Attached is the whiteboard video with current video making strategies it is achievable to integrate ani...
Read more

From Traditional to Tech: Evolving Job Landscape in India

Image
In recent years, India has witnessed a significant shift in its job landscape. The once predominantly traditional job market has now evolved into a diverse mix of opportunities, with technology playing a pivotal role in shaping the future of employment in the country. The Rise of Tech Jobs in India One of the most notable trends in the Indian job market is the rise of tech jobs. With the rapid advancement of technology and digitalization, industries such as IT, software development, data analytics, and cybersecurity have experienced exponential growth. Companies are increasingly looking for skilled professionals who can navigate the complexities of a digital world and drive innovation within their organizations. Impact of Globalization on Job Market Globalization has also had a profound impact on the job market in India. The interconnected nature of the global economy has opened up new avenues for employment, particularly in sectors such as e-commerce, digital marketing, and remote ...
Read more

The Insider's Guide to Premium Listings: Brooklyn's Best-Kept Secret

Image
Are you looking to elevate your Brooklyn living experience to a whole new level? Look no further than Premium Listings - the best-kept secret in Brooklyn's real estate market! In this insider's guide, we will delve into the benefits of premium listings, explore the exclusive features that set them apart, and provide you with tips and strategies to secure your dream property. Premium listings offer an array of benefits that make them a standout choice for discerning buyers. From top-notch amenities to prime locations, these properties are designed to exceed your expectations. Imagine waking up to panoramic views of the city skyline or unwinding in a luxurious spa-like bathroom after a long day - all possible with a premium listing in Brooklyn. What sets premium listing properties apart are their exclusive features that cater to your every need and desire. From state-of-the-art appliances to custom finishes, these homes are crafted with attention to detail and quality craftsma...
Read more