Why Every Investor Should Set Up a Living Trust | Clint Coons Q&A
Рет қаралды 29,821
In this Livestream, I will discuss why every real estate investor should set up a living trust.
Thanks for joining me today -- Learn about real estate asset protection at our FREE Livestream Tax & Asset Protection Workshops where we'll answer ALL your questions. Get in: aba.link/hwt
We’re thrilled to share Clint Coons, Esq. latest project with Forbes Books, Next Level Real Estate Asset Protection: Comprehensive Strategies for Investors. Order today! aba.link/nxtlvl
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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.
#realestateinvesting #livingtrust
@davidr4523 Жыл бұрын
Clint Coons consistently presents every legal topic in a detailed yet highly understandable video. Without question, he is the best attorney on KZfaq.
@ClintCoons Жыл бұрын
David R Thanks for watching.
@user-go9dl9ti4d 7 ай бұрын
Yes he Absolutely is 💯 %
@aks5744 6 ай бұрын
Do you take on clients who see your KZfaq videos or do you typically pass those clients off to another attorney?
@jennifersilletto179 2 ай бұрын
This was an awesome podcast and answered so many of my questions.
@maguayo11 Жыл бұрын
Wow, Mr. Coon. Thank you so much for so much great advice. Now, at least I have some information and knowledge to move forward with my real estate investment projects. My goal is developing that generational wealth. I said to myself many years ago financial and legal ignorance stops with me. I look forward to more of your videos and reading your books, and be a resource to future generations. Thank you so much.
@ClintCoons Жыл бұрын
maguayo11 Thanks for watching.
@angelatalbott2943 6 ай бұрын
Great information and thank you for your continued knowledge!
@VCrossley1 9 ай бұрын
Great information.
@ellenoir5678 Жыл бұрын
Coach Clint!! Good afternoon
@AberrantArt Жыл бұрын
Hi Clint. On the topic of Trusts. I know it's different than a living trust, but in regards to buying property in a land trust. If you use an LLC as the Trustee and another LLC as the Beneficiary, which one of the two LLCs needs a bank account, to pay for everything at closing?
@ClintCoons Жыл бұрын
Beneficiary LLC
@AberrantArt Жыл бұрын
@@ClintCoons once again, thank you sir!
@jonathanrice8799 Жыл бұрын
If I have my aasets in my RLT, my house, plane boats,,LLCs, and someone gets hurt at my house and sues me. Are all my assets in the RLT at risk during a lawsuit? I am scared to death of getting sued!! We all know, people will sue for any reason at all. Love your content.Thanks
@ClintCoons Жыл бұрын
That is a concern and it is why we use LLCs to hold our assets. If you would like a FREE 30-minute consultation, you can request one here - aba.link/30minSession
@jwillard911 8 күн бұрын
How would/could you place homes outside of country in trust? Or have to have other trusts?
@ClintCoons 3 күн бұрын
It would depend on the country where the asset is located.
@jwillard911 3 күн бұрын
@@ClintCoons Thx! That's what I was thinking.
@joeeypoitevin4080 10 ай бұрын
What sketch program do you use and on what platform?
@ClintCoons 10 ай бұрын
Moleskine on ipad
@PeopleHealthTec 5 ай бұрын
9:00 To avoid probate - 'your living trust will actually become the member in your LLC. It will become the beneficiary of your land trust.'
@SmoothOperator_RAY Жыл бұрын
Can I put a Tennessee property deed in a Mississippi LLC name? Or do I need to make a LLC in Tennessee to DBA my Mississippi LLC?
@ClintCoons Жыл бұрын
If you have TN property you could put it into your MS LLC but you should foreign file the MS LLC into TN.
@SmoothOperator_RAY Жыл бұрын
@@ClintCoons thank you! I actually did that last night! Watched a few more videos to get a quick answer. Closing on my first investment on Monday. Btw I reached out to your firm
@ClintCoons Жыл бұрын
@TRUCKnDRUM_RAY Congrats.
@ClintCoons Жыл бұрын
@@SmoothOperator_RAY Nice
@johngriffin5608 Жыл бұрын
What about getting a land patent which is the true title to your land. It's yours and you're a Chinese and descendants forever more it's under treaty law which is the highest form of law. No one can take your land from you not even the government no one can evict you off of your land you have mineral rights and water rights you have jurisdiction and authority over your land you can do anything you want with your land as long as you're not harming your neighbor no storing nuclear waste you don't have to get a permit to build anything you want on your land and you don't have to honor lean on your land and you don't have to pay property taxes you can go to the property tax assessor and fill out paperwork that will exempt you from paying property taxes or when you go to court over your property taxes you can show them your proof of true title and ownership and show them that it's yours and it's you're a Siamese forever more and it was written by the government and notarized by the government before you ever even got the document and they can't do anything to you and they have to drop the case and they have no proof of claim or jurisdiction or authority. What do y'all think about that
@sz4179 Жыл бұрын
And who gives you this land patent? The government?
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