Episode 014: Asset Protection 101 for Real Estate Investors & Entrepreneurs: How to Protect Yourself From Lawsuits, Creditors, and the Tax Man

Masters Of Real Estate Podcast
Masters Of Real Estate Podcast
Episode 014: Asset Protection 101 for Real Estate Investors & Entrepreneurs: How to Protect Yourself From Lawsuits, Creditors, and the Tax Man
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In this episode of The MORE Podcast, we talk to Lee Phillips—one of the nation’s foremost experts in the fields of asset protection, business structure, and financial & estate planning.  

Here’s a sample of what we discuss:

  • Your #1 BIGGEST asset protection threat… and what you can do about it.
  • The overall steps necessary in putting together an effective asset protection plan.
  • Why you MUST separate your “personal” matters from your “business” matters.  This is critical!
  • The 2 greatest tax shelters currently available.
  • Your first “line of defense” that takes care of 85% of all your asset protection issues!
  • LLC vs. Corporation: What are the best situations and circumstances to use an LLC?  And when is it best to use a corporation?
  • How to cut your chances of an IRS audit – by 90%!
  • Should you be organizing your LLC in specific states where taxes and LLC laws are more favorable?  Or is that one of those bad pieces of advice that’s been passed around by so many over the years?
  • Land Trusts: Are they the “ultimate asset protection vehicle” or “illegal and not true asset protection”?  Here’s the TRUTH.
  • Lee’s personal experience with setting up an offshore bank account… and what he advises about “going offshore”.
  • The biggest mistakes made by real estate investors and entrepeneurs when it comes to asset protection.
  • Lee’s predictuion for where interest rates are heading.  This was shocking!
  • Much, much more!

If you like your info straight with no B.S., you’re gonna love Lee’s takes and insider tips on what it really takes to build a financial fortress… and bomb-proof your assets!

More about Lee Phillips:

Lee is the founder of LegaLees Corporation, a company specializing in solving asset protection and tax problems for high net worth individuals.  He has distinguished himself as a United States Supreme Court Counselor who has helped over half a million people understand how to use the law to make more money and protect their assets. 

Lee has a BS in geophysics, an MS in analytical nuclear chemistry, and a JD in Law from Brigham Young University.  He has practiced law for over 40 years and has helped thousands of people to protect and grow their wealth.

To find out more about Lee and his products & services: Legalees Corporation

For educational videos from Lee, visit his YouTube channel: Lee Phillips YouTube Channel


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