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Asset Protection Using LLCs and Land Trusts with Shawn Yesner

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Manage episode 407258487 series 3561947
Content provided by ROI Wealth Watch, Jared Garfield, and Daniel Ray. All podcast content including episodes, graphics, and podcast descriptions are uploaded and provided directly by ROI Wealth Watch, Jared Garfield, and Daniel Ray or their podcast platform partner. If you believe someone is using your copyrighted work without your permission, you can follow the process outlined here https://player.fm/legal.

Shawn Yesner is an attorney in the Tampa Bay, Florida area and the owner of Yesner Law, a boutique law firm that exists to help clients eliminate financial bullies in their life by providing unique options so their clients can have their dream lifestyles. His areas of practice are Chapter 7 bankruptcy, commercial landlords, and real estate transactions. He is also the host of the podcast Crushing Debt, which covers topics such as partition, short sales, loan modifications, and creditor harassment.

In this episode, Shawn shares his wisdom regarding the many uses and functions of asset protection. He highlights some of the best reasons an investor should get asset protection and whether they should go for an LLC, Land Trusts, or a combination of both. He also provides real-life examples of cases where asset protection was the centerpiece.

“The only thing more expensive than hiring an expert is doing it yourself.” – Shawn Yesner

In This Episode of ROI Wealth Watch:

  • What is a boutique law firm?
  • How do we protect ourselves from attorneys who target investors?
  • The similarities and difference between LLCs and Land Trusts.
  • Why would you need anonymity and limited liability?
  • The benefits of having an LLC, a Land Trust, or both.
  • How soon should investors get asset protection?
  • What is a Charging Order?
  • Can you have an LLC and a Land Trust at the same time?
  • Should you use an attorney to put together a trust?

Wealth Watch Words of Wisdom:

  1. Never skip liability insurance.
  2. It's a personal preference to use either an LLC, a Land Trust, or both. What's important is you understand the benefits of each one or their combination.
  3. Think twice before going on your own when forming legal entities.

Connect with Shawn Yesner:

Grab Your Free Gift!

Learn more about how real estate can deliver benefits that other investments can’t touch! Text “ROI” to 21000 to request your free, private link to our webinar video: The 12 Advantages of Real Estate

Help Others Buy Real Estate in the Right Markets at the Right Times!

Thanks for tuning into today’s episode of the ROI Wealth Watch podcast with Jared Garfield - your resource for learning to buy real estate in the right markets at the right times. If you enjoyed this episode, head over to iTunes to leave us a rating and review. Subscribe to the show so you never miss an episode, and visit our website to grab your free gifts!

And, if you’re looking for the best turnkey rental properties to invest and renovate to maximize your real estate portfolio, visit the Rich Life Real Estate website to view turnkey rental opportunities or speak with an investment advisor for more information.

  continue reading

49 episodes

Artwork
iconShare
 
Manage episode 407258487 series 3561947
Content provided by ROI Wealth Watch, Jared Garfield, and Daniel Ray. All podcast content including episodes, graphics, and podcast descriptions are uploaded and provided directly by ROI Wealth Watch, Jared Garfield, and Daniel Ray or their podcast platform partner. If you believe someone is using your copyrighted work without your permission, you can follow the process outlined here https://player.fm/legal.

Shawn Yesner is an attorney in the Tampa Bay, Florida area and the owner of Yesner Law, a boutique law firm that exists to help clients eliminate financial bullies in their life by providing unique options so their clients can have their dream lifestyles. His areas of practice are Chapter 7 bankruptcy, commercial landlords, and real estate transactions. He is also the host of the podcast Crushing Debt, which covers topics such as partition, short sales, loan modifications, and creditor harassment.

In this episode, Shawn shares his wisdom regarding the many uses and functions of asset protection. He highlights some of the best reasons an investor should get asset protection and whether they should go for an LLC, Land Trusts, or a combination of both. He also provides real-life examples of cases where asset protection was the centerpiece.

“The only thing more expensive than hiring an expert is doing it yourself.” – Shawn Yesner

In This Episode of ROI Wealth Watch:

  • What is a boutique law firm?
  • How do we protect ourselves from attorneys who target investors?
  • The similarities and difference between LLCs and Land Trusts.
  • Why would you need anonymity and limited liability?
  • The benefits of having an LLC, a Land Trust, or both.
  • How soon should investors get asset protection?
  • What is a Charging Order?
  • Can you have an LLC and a Land Trust at the same time?
  • Should you use an attorney to put together a trust?

Wealth Watch Words of Wisdom:

  1. Never skip liability insurance.
  2. It's a personal preference to use either an LLC, a Land Trust, or both. What's important is you understand the benefits of each one or their combination.
  3. Think twice before going on your own when forming legal entities.

Connect with Shawn Yesner:

Grab Your Free Gift!

Learn more about how real estate can deliver benefits that other investments can’t touch! Text “ROI” to 21000 to request your free, private link to our webinar video: The 12 Advantages of Real Estate

Help Others Buy Real Estate in the Right Markets at the Right Times!

Thanks for tuning into today’s episode of the ROI Wealth Watch podcast with Jared Garfield - your resource for learning to buy real estate in the right markets at the right times. If you enjoyed this episode, head over to iTunes to leave us a rating and review. Subscribe to the show so you never miss an episode, and visit our website to grab your free gifts!

And, if you’re looking for the best turnkey rental properties to invest and renovate to maximize your real estate portfolio, visit the Rich Life Real Estate website to view turnkey rental opportunities or speak with an investment advisor for more information.

  continue reading

49 episodes

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