Episode 22 - How Land Trusts Reduce the Risk of Lawsuits with Scott Royal Smith
ROYAL LEGAL SOLUTIONS
Learn how to free your time, protect your assets, and create lasting wealth with asset protection attorney and long-time real estate investor, Scott Royal Smith. When a close friend lost over $3 million in a single lawsuit, Scott decided to leave his litigation practice to help people protect themselves from frivolous lawsuits. His law firm, Royal Legal Solutions, now helps thousands of real estate investors and entrepreneurs protect more than $1.2 billion in assets. Join Scott as he deconstructs the lawsuit game and shows you how to protect yourself and your hard-earned wealth.
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MEET THE HOSTS
Scott Royal Smith, Esq., CEO, Real Estate Investor. As the founder of Royal Legal Solutions, I am an asset protection attorney and long-time real estate investor in every asset class in 10+ states. My background in litigation and investing uniquely has provided me with insights into how to best use the law for maximum legal advantage while streamlining operations, taxes, and compliance.
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KEY TAKEAWAYS
This session of Royal Investing opened with a quick presentation about tax implications relative to land trusts. Not all trusts are required to file taxes. Revocable trusts are the simplest to set up and have no impact on your tax filings.
The remainder of the time involved a QA session with attendees. Scott provided valuable insight on a variety of land trust questions, including:
Want a refresher or to see what you missed? Watch the replay.
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ENGAGE WITH US
Are you ready to take action on Asset Protection, Tax Strategy, or Estate Planning?
Take our Financial Freedom Quiz, where we will gather your general information to have a productive conversation. At the end of the quiz, you will have the opportunity to schedule your consultation. https://hubs.la/Q014rfVz0
For tax questions complete this quiz: https://go.royallegalsolutions.com/tax-discover-quiz
For insurance questions complete this quiz: https://go.royallegalsolutions.com/insurance
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DISCORD COMMUNITY
https://discord.gg/KKS7rZG5kM
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WEBSITE: http://royallegalsolutions.com
LINKEDIN: Check out what folks are saying and make a professional connection with Scott Royal Smith
https://www.linkedin.com/in/scott-royal-smith/
FACEBOOK: Join our exclusive group to discover the tax, legal, & asset protection secrets every real estate investor needs to know. https://www.facebook.com/groups/495820367909918/
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