EP 243 - Protecting Your Wealth and Assets with Land Trusts with Joe Seagle

What did you think of todays show??Protecting Your Wealth and Assets with Land Trusts with Joe SeagleEpisode 243“People should be sued for doing bad, not for doing well.” This motto from today's guest, land trust expert and attorney Joe Seagle, sets the tone for this episode’s deep dive into asset and wealth protection.It’s an unfortunate reality that successful individuals often become targets for lawsuits, but land trusts can be a strategic tool in safeguarding assets. In this episode, Joe explains how land trusts can offer anonymity and protection for property owners, and what other options are available to real estate investors if land trusts aren’t supported by their state.Joe also explores different asset protection strategies, providing insights on the risks and tax considerations of land trusts, the differences between land trusts and LLCs, and how to use each to protect your investments. Tune in to learn about land trusts and if they’re the right way for you to protect your assets!Topics discussed in this episode:Land trusts and the role of trusteesThe process of hiding assetsAsset protection for joint property ownersLand trusts versus other trustsLending and land trustsCons of land trustsHow land trusts can help real estate investorsThe cost of setting up a land trustTax complexities of land trustsVarying land trust state lawsConnect with Joe Seagle and learn more about services offered at MyLandTrustee here: https://mylandtrustee.com/Check out the FREE Collecting Keys “Sub To Transactions” Master Class!https://www.collectingkeyspodcast.com/subtoLearn how to start your own real estate investing business in the NEW Accelerator program! Sign up for one of 10 spots here: https://www.collectingkeyspodcast.com/launchIf you’re an established investor with money to invest, but not the time, check out the Instant Investor PRO Program! https://www.collectingkeyspodcast.com/storeCheck out the NEW Big Dan Energy shirt (and more!) in the Collecting Keys Merch Store: https://store.collectingkeyspodcast.com/Download the FREE 5-Step Guide To Generating Off Market Leads here: https://www.collectingkeyspodcast.com/freeIf you are interested in learning from Dan and Mike to receive coaching and learn how they built their business, head to https://www.instantinvestorprogram.com and see if you are a good fit for the mastermind group!Collecting Keys Podcast Resources:https://www.collectingkeyspodcast.comhttps://www.instagram.com/collectingkeyspodcast/https://www.instantinvestorprogram.com/https://www.instagram.com/mike_invests/https://www.instagram.com/investormandan/This episode was produced by Podcast Boutique https://www.podcastboutique.com