In this video, I’ll uncover three pivotal mistakes that could jeopardize your land trust strategy and reveal actionable solutions to rectify them.
π« Mistake #1: Naming Your Trust Incorrectly: Learn why naming your land trust after the property address can spell trouble, especially if your goal is to avoid triggering lender acceleration clauses. We’ll explore the pitfalls of this naming convention and provide insights into alternative approaches to safeguard your assets.
Don’t let common mistakes derail your land trust plans β arm yourself with the insights and strategies you need to succeed.
Learn How To Keep Your Assets Anonymous at the FREE Tax & Asset Protection Workshop!
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Show Notes:
0:00 New Proposed Rule
2:15 Property Address
4:49 Anonymity Concern
7:28 Moving Personal Residence
9:46 Final Thoughts
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CONTACT US
Phone: 800.706.4741
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Fax: 702.664.0545
ABOUT CLINT COONS
Clint Coons, Esq. is one of the founding partners of Anderson Law Group, Clint 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.
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