Would you like to learn more about setting up an LLC? Schedule a free consultation here: https://aba.link/9el
In this video, I share how to properly structure your Limited Liability Company (LLC) to maximize asset protection and avoid the common pitfalls that leave business owners and investors vulnerable.
Many people set up LLCs believing they are fully protected—only to find out too late that their LLC can be pierced, exposing their personal assets to creditors. I recently came across a shocking case where a real estate investor lost everything because their LLC failed in court. Learn from their mistakes so you don’t suffer the same fate.
We’ll cover the two types of liability every investor and business owner must understand:
✅ Asset Liability – When something you own (like a rental property) creates a legal risk.
✅ Personal Liability – When you personally get sued (e.g., from a car accident) and your assets are at risk.
To ensure bulletproof protection, you need a two-tier LLC structure. I’ll walk you through why a Wyoming Holding LLC combined with properly structured state-specific LLCs keeps your wealth safe from lawsuits and creditors.
Don’t rely on insurance alone—it doesn’t always cover you! Learn the critical steps to fortify your LLC and shield your assets from aggressive legal attacks.
Show Notes:
0:00 Intro
1:53 Two Forms of Liability
4:19 Setting Up a Holding LLC
5:05 #1 Mistake
8:11 Asset Protection From Creditors
11:42 Member Managed LLC
15:49 Recap
18:09 Outro
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SUBSCRIBE
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FREE TAX & ASSET PROTECTION WORKSHOP
Register for an upcoming workshop today to protect your business and personal assets from snoopy lawyers, creditors, or even greedy people out to make a quick buck who want to take advantage of YOU. 👉 Save Your Seat: https://aba.link/97n
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FINANCIAL PLANNING & RESOURCES
Download your free copy of Un-Tax Yourself eBook and discover the secret to real estate wealth is in the tax deductions. https://aba.link/6265a1
📚 Order Your Copy of “Next Level Real Estate Asset Protection: Comprehensive Strategies for Investors” Here: 👉 https://aba.link/nxtlvl
For financial strategies, podcasts, articles, and details on upcoming workshops, visit https://aba.link/clintaba
Here’s a little about me and my book Asset Protection for Real Estate Investors
https://aba.link/clintbio
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FOLLOW US:
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CONTACT US
Phone: 800.706.4741
Email: info@andersonadvisors.com
Fax: 702.664.0545
ABOUT CLINT COONS
Clint Coons, Esq. has grown his legal and tax firm to over 400 employees by assisting real estate investors with creating and implementing solid entity structuring plans. His success in these regards is in large part due to his personal investing experience. A successful attorney, real estate investor, and speaker, Clint has used his innovative and dynamic strategies coupled with knowledge borne from experience to help thousands of people save millions of dollars and build real wealth.
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The information provided in this video should not be construed or relied on as legal advice for any specific fact or circumstance. Its content was prepared by Anderson Business Advisors with its main office at 3225 McLeod Drive Suite 100 Las Vegas, Nevada 89121. This video is designed for entertainment and information purposes only. Viewing this video does not create an attorney-client relationship with Anderson Business Advisors or any of its lawyers. You should not act or rely on any of the information contained herein without seeking professional legal advice.
#llc #rentalproperty #assetprotection #wyomingllc
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