Brian Bradley: Protecting Your ASSets
Nov 05, 2021•44 min
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Episode description
Brian T. Bradley, Esq. is the Senior Managing Partner at Bradley Legal Corp and is a leading Educator and nationally recognized Asset Protection Attorney for High Risk Professionals, Entrepreneurs, Real Estate Investors and Ultra High Net Worth Families.
Brian’s goal is to give you "peace of mind" knowing your assets are safe.
We talk about the following…
- What is Asset Protection
- What has changed in the legal system over the last 30 years.
- How do you properly layer an asset protection plan?
- What is an asset protection trust and how are domestic and foreign trusts different?
- What are the misconceptions of LLCs?
4 things for asset protection to work:
- Your system must be seen as impenetrable
- Must be managed properly
- Cannot attract a lawyer
- It just MUST work
Brian's Tips:
- Asset protection is the modern best bet.
- Keep your assets in another name OTHER than your legal name-- get an LLC.
- Have an effective plan, always!
- For assets that are real estate, use the state that the real estate is located in because you’re not gaining anything by using another state. You’re just doubling your maintenance cost! So, just keep it simple and properly layered.
- Success is not overnight.
Links
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