The Asset Protection Show: Expert Strategies by Attorney John Skabelund

Join John Skabelund and his guest, Jim Westermeyer, as they discuss how a financial planner acts as a personal CFO to elevate your asset protection from good to great. As Managing Partner and Personal CFO at ClearView Wealth Partners, Jim Westermeyer brings over 28 years of experience in wealth management, investments, retirement strategies, risk management and business succession planning. He helps individuals and families manage and preserve their wealth through customized family office style solutions tailored to their unique goals and circumstances. Jim is also a frequent speaker at financial planning conferences, professional gatherings, and charitable events.   In this episode, explore the critical role of a financial advisor in coordinating your legal, tax, and personal affairs. Learn how to prevent scattered planning, why liability insurance should always stand first alongside entity structures, and how a virtual family office ensures your team works for your best interests.   SHOW NOTES: 00:00 - Intro. 02:30 - The Virtual Family Office Concept. 04:43 - Managing Holistic Wealth: Real Estate, Business & Personal Affairs. 06:20 - Navigating Family Governance and Next-Gen Education. 09:14 - Red Flags: When to Hire a Personal CFO. 13:13 - Business Succession Strategies & Proactive Tax Planning. 15:46 - Overcoming Advisor Turf Wars and Enforcing Collaboration. 22:21 - Risk Management: Liability Insurance vs. LLC Structures. 25:03 - The Family Legacy Pyramid & Closing Statements.   Follow John Skabelund: Websites: https://skabelund.com/, https://ultimateassetprotection.com/ About John: John is an experienced and nationally recognized attorney with extensive experience protecting client's assets throughout the United States. He has adeptly protected a diverse range of clients' estates, ranging from $500,000 to over $100 million. His clientele spans real estate investors, business owners, executives, and professionals in various fields, including medicine, law, sports, and technology. John skillfully creates comprehensive estate plans tailored to each client's unique needs, ensuring their legacy can be preserved for generations. He also has represented clients in the buying and selling of businesses across a multitude of industries. Furthermore, as an outside general counsel, John has been instrumental in developing succession plans and buy-sell agreements for business owners. DISCLAIMER: This content is legal information only and not legal advice. Listening or viewing this content does not create an attorney client relationship. Mr. Skabelund is admitted to practice law in Arizona, and he may be reached at UltimateAssetProtection.com.

Join John Skabelund as he discusses the hidden assets that you don't know are exposed. Discover the many assets most people often forget they have and how you should structure your asset protection to prevent creditors from reaching your most valuable inventory.   John Skabelund is an experienced and nationally recognized attorney with extensive experience protecting client's assets throughout the United States. With more than a decade of experience, John has adeptly protected a diverse range of clients' estates, ranging from $500,000 to over $100 million. His clientele spans real estate investors, business owners, executives, and professionals in various fields, including medicine, law, sports, and technology. John skillfully creates comprehensive estate plans tailored to each client's unique needs, ensuring their legacy can be preserved for generations. He also has represented clients in the buying and selling of businesses across a multitude of industries.   SHOW NOTES:    00:00 - Intro. 01:11 - Intellectual Property & Digital Property. 01:45 - Financial Assets Beyond the Bank Account. 02:42 - Business Interests. 03:59 - Personal Property. 04:37 - Discovery from Plaintiff Attorney. 05:09 - Searches on Social Media. 05:28 - Are You Taking Full Inventory? 06:28 - What's the Most Surprising Hidden Asset? 07:09 - How Searches are Conducted. 08:04 - Unprotected Equity in Rental Property. 08:43 - Pending Inheritance or Lawsuit at Risk? 09:32 - First Thing You Need to Do Right Now. 10:10 - Closing Statements. Follow John Skabelund:  Websites: https://skabelund.com/, https://ultimateassetprotection.com/ DISCLAIMER:     This content is legal information only and not legal advice. Listening or viewing this content does not create an attorney client relationship. Mr. Skabelund is admitted to practice law in Arizona, and he may be reached at UltimateAssetProtection.com.   

Join John Skabelund as he discusses how your crypto may be at risk and how to keep it safe from lawsuits and creditors.   John is an experienced and nationally recognized attorney with extensive experience protecting client's assets throughout the United States. His clients describe him as having the heart of a teacher due to his ability to explain complicated topics in plain English. With more than a decade of experience, John Skabelund has adeptly protected a diverse range of clients' estates, ranging from $500,000 to over $100 million. His clientele spans real estate investors, business owners, executives, and professionals in various fields, including medicine, law, sports, and technology. John skillfully creates comprehensive estate plans tailored to each client's unique needs, ensuring their legacy can be preserved for generations. He also has represented clients in the buying and selling of businesses across a multitude of industries. Furthermore, as an outside general counsel, John has been instrumental in developing succession plans and buy-sell agreements for business owners.    In this episode, explore various domestic shields to protect your crypto and the most common mistakes that may be exposing your investments.   SHOW NOTES:   00:00 - Intro. 01:04 - Crypto, Courts, Myths. 02:15 - The Risks & Accessibility. 02:40 - LLC Wrapper. 04:27 - DAPT: Domestic Asset Protection Trust. 05:38 - Beneficiary Defective Inheritance Trust. 06:15 - Off-Shore or Foreign Asset Protection Trust. 08:02 - In Summary. 08:58 - Can a Judgement Creditor Find My Bitcoin? 09:55 - Personal, LLC, Or Trust is Safest from Creditor? 11:00 - Timing of Transfer is Everything. 11:43 - Vulnerable Types of Crypto. 12:22 - Is Foreign Asset Protection Trust Legal? 12:50 - Biggest Mistakes in "Protecting" Crypto. 13:57 - Closing Statements. Follow John Skabelund:  Websites: https://skabelund.com/, https://ultimateassetprotection.com/   DISCLAIMER:    This content is legal information only and not legal advice. Listening or viewing this content does not create an attorney client relationship. Mr. Skabelund is admitted to practice law in Arizona, and he may be reached at UltimateAssetProtection.com.   

Join John Skabelund in the final episode of this three part series where he discusses the power of life insurance as a sustainable, compounding investment tool with his guest, founder of MPI Unlimited, Curtis Ray.   In 2014, Curtis entered the world of retirement planning and insurance, where he quickly noticed that traditional investment strategies—such as 401(k)s, IRAs, real estate, and conventional insurance—were often falling short of delivering the retirement outcomes people had hoped for or expected. To provide solutions to hard-working Americans seeking a great retirement, Curtis invented and developed the MPI® Strategy, bringing simplicity to financial education to Achieve, Protect, Grow, and Accelerate the power of Compound Interest. In this episode, explore various life insurance policies that allow for wealth building and asset protection, how to balance growth and risk, and the potential for tax-free income in retirement.   SHOW NOTES:   00:00 - Intro. 08:46 - Understanding Life Insurance: Types, Benefits, and Which is Best to Invest. 18:05 - Balancing Growth, Security, and Risk in Life Insurance. 22:13 - Understanding Family Banking & Self-Collateralized Loans. 26:52 - Are You An Ideal Candidate for Life Insurance? 29:37 - Building Generational Wealth through Family Trusts. 31:59 - Access Life Insurance Money for Your Retirement Needs. 37:18 - Policy Limitations. 40:12 - Closing Statements.   Follow John Skabelund: Websites: https://skabelund.com/, https://ultimateassetprotection.com/   Follow Curtis Ray:  Website: www.compoundinterest.com/   DISCLAIMER:     This content is legal information only and not legal advice. Listening or viewing this content does not create an attorney client relationship. Mr. Skabelund is admitted to practice law in Arizona, and he may be reached at UltimateAssetProtection.com.   

Join John Skabelund in the second episode of this three part series as he discusses the benefits of approaching life insurance as a savings strategy and which common mistakes to avoid with his guest, founder and CEO of Factum, Kyle Fuller.   Kyle Fuller started in life insurance in 2013 and has been practicing Infinite Banking since the following year. Kyle is passionate about empowering his clients through education about money. He believes that life includes 5 circles: Spiritual, Personal, Family, Financial and Occupation and the purpose of winning financially is to fund your missions and ambitions in the other circles of life.   In this episode, explore resources to begin Infinite Banking with your own family, how life insurance is more than simply an investment strategy, and discover the growth potential that exists in this particular asset.   SHOW NOTES:   00:00 - Intro. 04:34 - Family vs. Infinite Banking. 05:47 - Savings Strategy: How Life Insurance Is More Than An Investment. 09:10 - Power of a Family Office: Keeping Your Assets Perpetuated, Protected, and Growing. 12:45 - Is Life Insurance a Safer Investment than Precious Metals? Real Estate? 15:25 - Which Policies Have No Risk? Growth Potential? 21:45 - Tax Savings & Advantages of Life Insurance. 23:15 - A Deeper Dive into Family Banking. 28:02 - Steps to Access Your Life Insurance Funds. 34:00 - Concerns & Risks About Age & Eligibility. 40:00 - Understanding "Tough Money." 42:50 - Closing Statements.   Follow John Skabelund:  Websites: https://skabelund.com/, https://ultimateassetprotection.com/   DISCLAIMER:         This content is legal information only and not legal advice. Listening or viewing this content does not create an attorney client relationship. Mr. Skabelund is admitted to practice law in Arizona, and he may be reached at UltimateAssetProtection.com.   

Join John Skabelund in this three part series as he discusses how life insurance provides unique asset protection benefits, as well as its advantages and disadvantages.   John is an experienced and nationally recognized attorney with extensive experience protecting client's assets throughout the United States. John Skabelund has adeptly protected a diverse range of clients' estates, ranging from $500,000 to over $100 million. His clientele spans real estate investors, business owners, executives, and professionals in various fields, including medicine, law, sports, and technology. John skillfully creates comprehensive estate plans tailored to each client's unique needs, ensuring their legacy can be preserved for generations. He also has represented clients in the buying and selling of businesses across a multitude of industries.   In this episode, explore term vs. cash value life insurance, state-level asset protection benefits, and strategic use in estate tax planning to preserve generational wealth.    SHOW NOTES:   00:00 - Intro. 02:00 - The Big Picture: What Is Life Insurance? 05:48 - Unique Protections Afforded to Each State's Statutes. 08:46 - Benefits of Cash Value Policies. 12:09 - Benefits of ILIT: An Irrevocable Life Insurance Trust. 14:23 - Estate Tax Exposure. 16:42 - Risk of Overextending Yourself. 18:25 - Closing Statements.   Follow John Skabelund:  Websites: https://skabelund.com/, https://ultimateassetprotection.com/ DISCLAIMER:     This content is legal information only and not legal advice. Listening or viewing this content does not create an attorney client relationship. Mr. Skabelund is admitted to practice law in Arizona, and he may be reached at UltimateAssetProtection.com.   

Join John Skabelund as he discusses how both realtors and real estate professionals can maximize their tax benefits by avoiding these common mistakes with his guest, co-founder of Alchemy of Money, Brandon Green.     Alchemy of Money was founded by Brandon Green, a respected leader with a long career in real estate, and Shane Feldman, a celebrated entrepreneur known for building high-performing organizations around the world. Together, they saw a gap no one was addressing and created a tech-enabled financial services company that blends expert bookkeeping, tailored tax strategy, and modern systems with the lived experience of founders who truly understand the industry. What began as a solution for their own ecosystem has evolved into a trusted partner for hundreds of real estate professionals across the country.   In this episode, they explore the unique challenges faced by realtors, the importance of bookkeeping, and the need for specialized tax strategies.    SHOW NOTES:      00:00 - Intro. 04:29 - Unique Tax Challenges for Real Estate Professionals. 10:38 - Disrupting Traditional Accounting Practices. 12:53 - The Importance of Specialization in Tax Strategy. 13:42 - Tools and Strategies for Real Estate Professionals. 18:00 - Common Mistakes in Tax Strategies. 22:30 - The Importance of Bookkeeping. 25:51 - Current Changes in Tax Law. 28:57 - Closing Statements.   Follow John Skabelund:  Websites: https://skabelund.com/, https://ultimateassetprotection.com/      Follow Brandon Green:  Website: www.alchemyofmoney.co   DISCLAIMER:    This content is legal information only and not legal advice. Listening or viewing this content does not create an attorney client relationship. Mr. Skabelund is admitted to practice law in Arizona, and he may be reached at UltimateAssetProtection.com. 

Join John Skabelund as he discusses the critical role of bookkeeping in asset protection and tax strategy with his guest, Bryan Nelson.     Bryan Nelson is a Senior Accounting Advisor and Enrolled Agent with over 20 years of experience working in accounting firms. He and his family run a virtual bookkeeping firm, Real Accounting, which is dedicated to helping small businesses gain clarity and control over their finances.     In this episode, they explore various bookkeeping systems, the importance of hiring a professional bookkeeper, and how to evaluate potential bookkeepers. The conversation emphasizes the need for accurate financial records to ensure compliance and maximize tax deductions, as well as the collaborative relationship between bookkeepers and tax preparers. Bryan shares insights on onboarding a bookkeeper and the benefits of maintaining well-organized financial records.     SHOW NOTES:   00:00 - Introduction to Asset Protection and Bookkeeping. 03:51 - Understanding Bookkeeping and Its Importance. 06:43 - Choosing the Right Bookkeeping System. 08:58 - When to Hire a Professional Bookkeeper. 10:02 - Evaluating Bookkeepers: Finding the Right Fit. 12:54 - The Role of Bookkeepers in Tax Preparation. 19:50 - Onboarding a Bookkeeper: What to Expect. 22:30 - Final Thoughts on Bookkeeping and Asset Protection. 24:27 - Closing Statements.   Follow Bryan Nelson:  Website: https://realaccountingteam.com/   Follow John Skabelund:  Websites: https://skabelund.com/, https://ultimateassetprotection.com/   DISCLAIMER:     This content is legal information only and not legal advice. Listening or viewing this content does not create an attorney client relationship. Mr. Skabelund is admitted to practice law in Arizona, and he may be reached at UltimateAssetProtection.com.   

Join John Skabelund as he explores the specialized planning required for owning and protecting your own personal aircraft. In this episode, learn everything from the importance of a Special Purpose LLC, the different risks of exposure, the difference between a tax advantage structure versus an asset protected structure, and so much more. John Skabelund is an experienced and nationally recognized attorney with extensive experience protecting client's assets throughout the United States. With more than a decade of experience, John has adeptly protected a diverse range of clients' estates, ranging from $500,000 to over $100 million. His clientele spans real estate investors, business owners, executives, and professionals in various fields, including medicine, law, sports, and technology. John skillfully creates comprehensive estate plans tailored to each client's unique needs, ensuring their legacy can be preserved for generations. He also has represented clients in the buying and selling of businesses across a multitude of industries. Furthermore, as an outside general counsel, John has been instrumental in developing succession plans and buy-sell agreements for business owners.  SHOW NOTES: 00:00 -Intro. 01:24 -Why You Should Create a Special Purpose LLC. 02:48 -Problems with Aircraft Being Owned by the Business: Exposure to Operating Business, Lawsuits, and Business Divorces. 05:17 -Tax Considerations in Designing the Structure. 06:00 -Dry Lease vs. Wet Lease. 07:02 -Where To Create Your LLC for Your Aircraft. 08:17 -How to Expense Your Aircraft. 08:57 -How to Properly Lease Aircraft. 09:27 -Aircraft Insurance. 09:50 -Financing Your Aircraft. 10:20 -Planning and Preparation Prior to Purchase. 12:00 -Closing Statements. Follow John Skabelund: Websites: https://skabelund.com/ , https://ultimateassetprotection.com/ DISCLAIMER: This content is legal information only and not legal advice. Listening or viewing this content does not create an attorney client relationship. Mr. Skabelund is admitted to practice law in Arizona, and he may be reached at UltimateAssetProtection.com

Join John Skabelund as he explores the combination of private planes and asset protection, its many tax benefits and the trend of fractional ownership with aviation tax compliance specialist, Daniel Cheung. In this episode, learn everything from the most common mistakes, tax advantages from the Big Beautiful Bill, to financing and filing deadlines. Daniel Cheung is the principal and co-founder of Aviation Tax Consultants, LLC.  He is a certified public accountant who specializes in aviation tax compliance matters. John Skabelund is an experienced and nationally recognized attorney with extensive experience protecting client's assets throughout the United States. His clientele spans real estate investors, business owners, executives, and professionals in various fields, including medicine, law, sports, and technology. John skillfully creates comprehensive estate plans tailored to each client's unique needs, ensuring their legacy can be preserved for generations. He also has represented clients in the buying and selling of businesses across a multitude of industries. SHOW NOTES:  00:00 - Intro.      02:08 - Nature of Depreciating Your Plane & Its Higher Risk of Audits. 05:43 - Tax Advantages of Purchasing an Aircraft via The Big Beautiful Bill. 08:10 - Sales Tax. 11:56 - Timing is Critical: Filing Deadlines, Inspections, Closing. 14:05 - Financing & Deductible Expenses. 18:25 - Property Tax Rules & Interstate Transactions. 22:06 - How to Shield Yourself from Audits. 26:09 - Factional Ownership Per Entity & Hobby Loss Rules. 29:38 - Tax Implications of New vs. Used. 30:15 - Examples of Common Bonus & Tax Savings. 33:10 - Common Mistakes That Will Cost You. 35:45 - Overseas Travel. 37:08 - 1031 Exchange & Tax Deferral. 38:53 - Closing Statements.  For more information: Websites: https://skabelund.com/,  https://ultimateassetprotection.com/ DISCLAIMER:   This content is legal information only and not legal advice. Listening or viewing this content does not create an attorney client relationship. Mr. Skabelund is admitted to practice law in Arizona, and he may be reached at UltimateAssetProtection.com.   

Join John Skabelund for the final installment of this series focusing on the most common questions real estate investors ask including when to create LLCs and when it's too late. In this episode, understand trusts, limited partnerships, and other common tools asset protection attorneys utilize to offer you the great estasset protection. John Skabelund is an experienced and nationally recognized attorney with extensive experience protecting client's assets throughout the United States. He has adeptly protected a diverse range of clients' estates, ranging from $500,000 to over $100 million. His clientele spans real estate investors, business owners, executives, and professionals in various fields, including medicine, law, sports, and technology. John skillfully creates comprehensive estate plans tailored to each client's unique needs, ensuring their legacy can be preserved for generations. He also has represented clients in the buying and selling of businesses across a multitude of industries. SHOW NOTES: 00:00-Intro. 01:01-Felony of Fraudulent Transfer 03:22-Trusts: Why You Need More Than an LLC 07:45-Why Limited Partnerships Offer Greater Asset Protection 10:35-Why Insurance Isn't Enough 13:08-Tax Advantages: Property inside LLC 14:12-Personal Property in LLC 19:01-ClosingStatements. Looking for more of John Skabelund? Websites: https://skabelund.com/, https://ultimateassetprotection.com/  DISCLAIMER: This content is legal information only and not legal advice. Listening or viewing this content does not create an attorney client relationship. Mr. Skabelund is admitted to practice law in Arizona, and he may be reached at UltimateAssetProtection.com.

Join John Skabelund for the final installment of this series focusing on the top questions real estate investors have about LLC operating agreements and property ownership. In this episode, explore what an LLC operating agreement is, why not all are created equal, how your LLC impacts your taxes, and which entity protects you most.   John Skabelund is an experienced and nationally recognized attorney with extensive experience protecting client's assets throughout the United States. His clientele spans real estate investors, business owners, executives, and professionals in various fields, including medicine, law, sports, and technology. John skillfully creates comprehensive estate plans tailored to each client's unique needs, ensuring their legacy can be preserved for generations. He also has represented clients in the buying and selling of businesses across a multitude of industries.  SHOW NOTES:  00:00 - Intro.      01:05 - Operating Agreements: What are they? 02:48 - Not all operating agreements are created equal. 05:05 - Poison Pills in the LLC Operating Agreement. 07:04 - Single Member LLC vs. Multi-Member LLC. 10:21 - LLC & Taxes. 13:39 - Closing Statements.    Looking for more of John Skabelund?  Websites: https://skabelund.com/, https://ultimateassetprotection.com/   DISCLAIMER:   This content is legal information only and not legal advice. Listening or viewing this content does not create an attorney client relationship. Mr. Skabelund is admitted to practice law in Arizona,   and he may be reached at UltimateAssetProtection.com. 

Join John Skabelund for the next installment in his series, focusing on the top three questions real estate investors have about LLCs and property ownership. In this episode, explore the likelihood of real estate investors getting sued whether the property is under your personal nameor LLC, how risk adverse you and your entities are, and which properties run the greatest risk.  John is an experienced and nationally recognized attorney with extensive experience protecting client's assets throughout the United States. His clientele spans real estate investors, business owners, executives, and professionals in various fields, including medicine, law, sports, and technology. John skillfully creates comprehensive estate plans tailored to each client's unique needs, ensuring their legacy can be preserved for generations. He also has represented clients in the buying and selling of businesses across a multitude of industries.  SHOW NOTES: 00:00 -Intro. 00:58 -Lawsuits: Likelihood of Getting Sued 03:26 -Multiple Properties Under LLC? 05:13 -Properties with the Greatest Risk 06:20 -Least Risky Property 07:37 -Creating an LLC on Your Own 10:22 -Operating Agreements 12:19 -Asset Attorney Bonus Tips 17:42 -Closing Statements Looking for more on John Skabelund? Websites: https://skabelund.com/  https://ultimateassetprotection.com/ DISCLAIMER: This content is legal information only and not legal advice. Listening or viewing this content does not create an attorney client relationship. Mr. Skabelund is admitted to practice law in Arizona, and he may be reached at UltimateAssetProtection.com. 

Join John Skabelund as he discusses the top three questions real estate investors ask about establishing LLCs and the most common mistakes to avoid. John is an experienced and nationally recognized attorney with extensive experience protecting client's assets throughout the United States. John Skabelund has adeptly protected a diverse range of clients' estates, ranging from $500,000 to over $100 million. His clientele spans real estate investors, business owners, executives, and professionals in various fields, including medicine, law, sports, and technology. John skillfully creates comprehensive estate plans tailored to each client's unique needs, ensuring their legacy can be preserved for generations. He also has represented clients in the buying and selling of businesses across a multitude of industries.  SHOW NOTES: 00:00 -Intro. 00:40 -Do I need an LLC for my investment property? 05:27 -Understand your risks. 06:16 -Purchase in my name or LLC? 09:53 -Offer or LLC: Which comes first? 10:52 -WHEN to establish an LLC. 12:28 -WHERE to create an LLC. 14:20 -Closing Statements. Looking for more on John Skabelund? Websites: https://ultimateassetprotection.com/ DISCLAIMER: This content is legal information only and not legal advice. Listening or viewing this content does not create an attorney client relationship. Mr. Skabelund is admitted to practice law in Arizona, and he may be reached at UltimateAssetProtection.com.

Join John Skabelund as he discusses the most important strategy to avoid being sued: Privacy. In this episode, explore how and where to properly create an LLC, and why privacy is not only paramount -but a matter of life or death. John is an experienced and nationally recognized attorney with extensive experience protecting client's assets throughout the United States.  He has adeptly protected a diverse range of clients' estates, ranging from $500,000 to over $100 million. His clientele spans real estate investors, business owners, executives, and professionals in various fields, including medicine, law, sports, and technology. John skillfully creates comprehensive estate plans tailored to each client's unique needs, ensuring their legacy can be preserved for generations. He also has represented clients in the buying and selling of businesses across a multitude of industries.  SHOW NOTES: 00:00 - Intro. 00:32 -What assets can you legally hide? 02:00 -Complete privacy with LLC. 04:20 -Where to create LLC. 05:44 -Privacy is a matter of life and death. 9:24 -Ethical Asset Protection. 10:04 -Closing Statements.   Looking for more on John Skabelund? Websites:https://skabelund.com/ DISCLAIMER: This content is legal information only and not legal advice. Listening or viewing this content does not create an attorney client relationship. Mr. Skabelund is admitted to practice law in Arizona, and he may be reached at UltimateAssetProtection.com.

Join John Skabelund as he discusses the most important strategy to avoid being sued: Privacy. In this episode, explore why liability insurance is a critical part of your asset protection, how many of your assets are and aren't discoverable to attorneys, and why you may want additional tools like irrevocable trusts and limited partnerships.  John is an experienced and nationally recognized attorney with extensive experience protecting client's assets throughout the United States.  SHOW NOTES: 00:00 - Intro. 01:04 -Accidents 03:05 -Discoverable Assets by Plaintiff Attorneys 04:42 -Liability Insurance 05:01 -Pre-Judgement vs. Post-Judgement 06:30 -Privacy States & Pro Tools 07:45 –Closing Statements

Join John Skabelund as he explores how tax and asset protection systems work together to build wealth for entrepreneurs with his guest, Jeremy Lederer. Jeremy Lederer is a CPA and tax strategist who helps entrepreneurs achieve financial freedom through legal, personalized tax planning. With over 15 years of experience and advanced degrees in tax, accounting, and finance, he designs strategies that minimize taxes and maximize long-term wealth. In this episode, learn how you can shift your tax day to pay day, understand and visualize the relationship between your taxes, assets, and estate, and lastly how a "virtual family office" may be the final piece your wealth strategy needs. SHOW NOTES: 00:00 -Intro. 02:50 -Do I need a tax strategist vs. tax preparer? 06:10 -Using tax code and key strategies to build wealth 10:55 -Trifecta: Tax Strategy & Asset Protection & Estate Planning 15:09 -Definition of Virtual Family Office.

Join John Skabelund as he explores why it is crucial to properly form LLCs with privacy in mind from the beginning, as demonstrated by the case of Bill Belichick, whose publicly available ownership and management details led to unwanted media scrutiny. John is an experienced and nationally recognized attorney with extensive experience protecting client's assets throughout the United States. His clients describe him as having the heart of a teacher due to his ability to explain complicated topics in plain English.In this episode, discover the importance of privacy in asset protection, the dangers of improper LLC formation, and the necessity of specialized legal expertise. SHOW NOTES: 00:00 -Intro. 00:31 -Belichick & Hudson. 02:30 -Forming LLCs Improperly. 03:10 -Benefits of Privacy for a Multitude of Careers and Personal Protection. 04:06 -Work with Specialized Attorneys.

Join John Skabelund as he explores the critical role that liability insurance plays in asset protection with guest, personal and commercial consultant, and independent insurance broker at Garry L. Johnson & Associates, Kurtis Shepherd. Kurtis has been helping groups and individuals with their insurance needs for more than 15 years. He specializes in group benefits, individual insurance, Medicare, P&C insurance (homeand auto, etc.) and cyber liability insurance. In this episode, discover how specialized liability insurance protects your assets and legal standing, addressing often-overlooked risks for business owners, high-earners, high-profile clients, and real estate investors. SHOW NOTES: 00:00 -Intro. 01:20 -What is liability insurance? Why is it necessary? What professional policies do I need (business owner's liability, general liability, product liability, directoror officer's coverage)? Do I need a comprehensive checklist? 07:00 -Devil's in the Details: Good vs. Bad Insurance Brokers, Exclusions, Specialization 13:56 -Advice for Real Estate Investors (Insurance, Liabilities, Injuries, Short Term Rentals, etc) 22:50 -Advice for Auto Insurance & Adult Children 26:57 -Umbrella Policies (Personal, Commercial, General, etc)

Join John Skabelund as he discovers everything you need to know about estate planning and how it will provide you full peace of mind and safety with his guest, Mark Bregman. Mark  is a principal at the law firm of Dyer, Bregman, Ferris, Wong and Carter. He has been practicing for forty five years, not only doing estate planning, but also estate litigation, estate tax planning, and administration. In this episode, explore why an asset protection plan alone is simply not enough, why you need to work with a specialized expert versus opting for inexpensive online options, and why the time to do it is now-and not when you die.

Join John Skabelund as he discovers how to increase and safeguard your wealth and legacy by combining tax strategy and asset protection planning with his guest, Tom Wheelwright. Tom is a CPA, entrepreneur, keynote speaker, and Rich Dad Advisor to Robert Kiyosaki. In this episode, explore how the combination of tax and asset protection planning is necessary in reducing taxes and generating wealth, tips on how to build your A-Team of advisors, and the partnership that must take place with your team to truly succeed. SHOW NOTES:  00:00 -Intro. 04:40 -What Legacy Are You Building? 08:50 -"If you want to change your tax, YOU'VE got to change your facts." 12:43 -Build your A-Team to Create an Asset Protection and Strategic Tax Plan. 16:02 -Is Your Team Protecting You -or Protecting Themselves? 22:20 -It's Time to Upgrade to a Strategic Tax Advisor. 27:20 -Tips to Find the Right Strategic Tax Advisor for You. 32:12 -Best Advice: "You are in a partnership with your advisors." 33:54 -Closing statements.

Join John Skabelund as he explores the importance of hiring a property manager for your real estate investments with his guest, owner of RINCON Management, PeterMcKenzie. In this episode, learn why treating your real estate investments like a business tremendously helps mitigate risk, what the current trends are in today's housing market, and why it is so critical to have professional property managers and attorneys on your team. SHOW NOTES: 00:00 -Intro. 01:22 -Most Common Mistakes Real Estate Investors Make 11:45 -Why Clients Should Hire a Property Manager16:06 -What Makes a Good Property Manager & Knowing When to Move On 21:02 -Boost Your Cash Flow& Returns with Accessory Dwelling Units (ADUs) 25:30 -Impacts of Palisades Fires on California Real Estate

Join John Skabelund as he discovers how you can reduce your income taxes now with real estate -and increase your wealth and legacy in the future -with his guest, CPA and real estate tax expert, Justin Jensen. In this episode, learn real estate tax strategies including for W-2 workers, gain entity structuring tips from the professionals to share with your CPA, and explore the many ways you can proactively take advantage of these benefits now. SHOW NOTES: 00:00 -Intro. 05:01 -Why Real Estate is a powerful investment from a tax perspective. 07:00 -The Basics & Acceleration of "Depreciation" (Bonus Depreciation, etc.)

Join John Skabelund as he explores cost segregation studies, accelerated depreciation, tax benefits, and what you need to know BEFORE you begin your real estate journey with his guest, Joseph Viery. USTAGI was founded by Joseph Viery with the goal of providing quality cost segregation studies. SHOW NOTES: 00:00 -Intro. 03:43 -Understand the Basics of Tax Strategies & Depreciation 07:34 -Common Components in a Cost Segregation Study & Their Depreciation Life Spans 12:33 -Cost Segregation Example 15:06 -Bonus Depreciation 21:24 -How much does a Cost Seg cost?