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In our courses, one of the first questions our students often have for us is about how to best protect their assets and if LLCs are the best way to do that. Beyond that, many students wonder if they can just get insurance to protect their assets, and forego creating an LLC altogether. Clint Coons joins us on the Rich Doc Poor Doc Podcast to explain why that would be a mistake.
Clint Coons, lawyer and asset protection expert, joins us this week to discuss rental property asset protection. We discuss the basics of property-owning and umbrella LLCs, series LLCs, and insurance, but we don’t stop there. We also dive into some of the deeper complexities of asset protection such as how to structure your asset protection plan if you’re a California resident and how to use land trusts in states with transfer taxes.
It was a pleasure to have Clint on the show, and to see yet another example of how laying the foundation for success, so that you are prepared when opportunity comes your way, has come to life at Anderson Advisors.
If you’re interested in connecting with Clint, you can reach him at ctruscott@andersonadvisors.com
