The Critical LIVING TRUST Provision for Real Estate Investors (Generational Benefits!)

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  • čas přidán 5. 08. 2024
  • In this video, Clint Coons, Esq., breaks down the essential living trust provision that every real estate investor should know.
    Learn how incorporating this key provision into your living trust can offer significant benefits and protect your real estate investments.
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    This important legal tool can safeguard your assets and ensure your legacy.
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    Show Notes:
    0:00 Intro
    1:43 The Key to a Living Trust
    3:16 Transferring LLCs
    6:18 Allocate a Sum of Money
    10:23 Outro
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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.
    #realestateinvestor #livingtrust

Komentáře • 22

  • @Darrell_lewis_massage_realtor
    @Darrell_lewis_massage_realtor Před 6 měsíci +1

    Now this is some next generation information not easily found elsewhere…

  • @marcuspersley
    @marcuspersley Před 6 měsíci +1

    Great Information that you have provided for us today,Clint….

  • @jimfranklin3885
    @jimfranklin3885 Před 6 měsíci

    super thx clint!

  • @Mudbug2000
    @Mudbug2000 Před 6 měsíci +1

    Loved this! Great explanation and so necessary to understand. But when I’m ready I’ll be looking for you and Anderson - getting close:D

  • @DanBelsky_Health_Money_Love
    @DanBelsky_Health_Money_Love Před 6 měsíci +1

    Awesome content! Love your video energy❤and entrepreneurial insights, I would love to contact you in the near future to do an interview and see how we can both profit from this entrepreneurship. Thanks. Dan Belsky

  • @Frankiep72
    @Frankiep72 Před 5 měsíci +1

    Great video! Do these subtrusts offer inside and outside asset protection?

    • @ClintCoons
      @ClintCoons  Před 5 měsíci +2

      Yes they do once you have passed on.

  • @danielmassaro5645
    @danielmassaro5645 Před 6 měsíci

    hello, great videos!
    can you do a video about how a llc holding company operation agreement differs from a
    subsidiary llc.

  • @forexinvestmentmonster7059
    @forexinvestmentmonster7059 Před 6 měsíci +1

    i recently placed a rental property in a trust, and made an LLC the beneficiary. i attempted to get insurance on the property and the insurance company is asking to see the trust document. my understanding is trust documents are private and not to be shown to anyone. should i allow the insurance company to see the trust?

    • @ClintCoons
      @ClintCoons  Před 6 měsíci +1

      Yes you can share but you should list yourself as the beneficiary and not the LLC. Use an assignment to transfer the interest to the LLC

  • @oleopathic
    @oleopathic Před 6 měsíci

    Clint, would you advise on interstate real estate lending deals' business entity formation ?

    • @ClintCoons
      @ClintCoons  Před 6 měsíci

      Search my channel for "lending". I have a few videos on the subject

  • @oleopathic
    @oleopathic Před 6 měsíci

    Clint, I'm looking into a 2-member partnership where i want to be the manager and the other partner will be a sponsor.
    They will invest into this entity. I'll lend out this capital as they stay on the sidelines. Then, at a prescribed day each month interest on this capital will be due and this interest will pass through to this silent partner in its entirety.
    Does an LLC, LLP or other entity allow me to "throttle" disbursement to this partner so that they retain their Federal programs' benefits ?

    • @ClintCoons
      @ClintCoons  Před 6 měsíci

      Im not sure. Best to check with a tax advisor who specializes in that area.

  • @oleopathic
    @oleopathic Před 6 měsíci

    Is it possible to setup a partnership with 1% and 99% split to ensure the sponsor (silent partner) gets most of the profits whereas the manager (general partner) gets nothing ?

  • @gabrieldineros587
    @gabrieldineros587 Před 6 měsíci

    Can I sell my house to my own living trust?

    • @ClintCoons
      @ClintCoons  Před 6 měsíci

      It would not provide any benefit.

    • @gabrieldineros587
      @gabrieldineros587 Před 6 měsíci

      @@ClintCoons what about an LLC? if so aren't they both considered entity seperated from individual, are there any type of trust I can sell my house with. I'm trying to get around with 20% requirements downpayment for business
      I don't wanna loose so much equity just to get started I need my equity to fixed my credit to start a new life, this time in a right way.

  • @Darrell_lewis_massage_realtor

    Can you add a clause into my trust that states that no male dependents benefit from the trust in anyway if they voted for the same person as someone specific?

    • @ClintCoons
      @ClintCoons  Před 6 měsíci

      😂😂😂. How would you prove it? No it would hold up.