Here's How To Protect Your Assets From Lawsuits

In this video, we're going to dive into a crucial topic-protecting your assets from lawsuits. Whether you're a business owner, real estate investor, or an individual looking to safeguard your hard-earned wealth, we've got valuable insights for you.
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Lawsuits can be a very costly ordeal, and it's essential to take steps to protect yourself from them.
🔑 Key Insight: "I'm isolating them for me." 8:23
Lawsuits pose a considerable threat to the stability and reputation of business professionals. In an increasingly fraught with legal complexities, even a single allegation can result in substantial financial losses, disrupt business operations, and tarnish professional credibility. Moreover, litigation processes are often time-consuming, diverting valuable resources from core business activities.
Rest assured, protecting your assets from potential lawsuits is indeed achievable. With thorough financial planning and astute legal strategies, one can significantly mitigate the risk of asset erosion due to legal battles. It requires careful planning, understanding the nuances of your financial landscape, and leveraging the expertise of seasoned professionals.
If you're concerned about the possibility of lawsuits affecting your assets, this video is for you! Watch this video to learn how to protect yourself from lawsuits and save money!
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Show Notes:
0:00 Intro
1:22 The Box
4:31 Assets
7:48 Inside Liability
8:31 Making A Plan
12:58 Outro
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ABOUT TOBY MATHIS
Toby Mathis, Esq. is the best-selling author of Infinity Investing: How the Rich Get Richer And How You Can Do The Same. Toby is a tax attorney and founded Anderson Business Advisors, one of the most successful law, tax, and estate planning companies in the United States. Learn more at aba.link/tobyaba
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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.
#AssetProtection #Assets #TobyMathis

[@ljdag5371]

Hello Toby, been consolidating lots of information over past month and almost ready to proceed with Operating Agreement and LLC creation in FL.
Question 1
Can LLC be taxed as partnership in the Operating Agreements even if Manager Managed and no members listed.
Question 2
Can Directors receive distributions from LLC if listed in "Officer Provisions" in operating agreement.
Question 3
Is there a registered agent you recommend in FL. Googled but some seem not too legit.
Thank you very much in advance. Note asked Clint this same question and pending response. Thank you.

[@ligayaatencio2902]

Toby, I love your videos its a great information. We are residing in NYC. We have rental properties in Florida, and New Jersey. How can we set up a protection on those properties. We dont know about the LLC protections. All our properties is in our name. Please we need your opinion what can we do. Thanks.

[@TobyMathis]

We certainly have some great asset protection strategies for owning rental properties that focus on both inside and outside liability protection. We highly recommend that you reach out to schedule an appointment with one of our Sr. Strategists and we can create a plan that best meets your needs. Visit: aba.link/vr2

[@tc-wd5cu]

I work in public saftey what can i do to protect my personal assests.

[@TobyMathis]

We recommend speaking with one of our advisors for any legal advice. Here is the link to schedule a free strategy session: aba.link/tobyss. Or you may call to speak with an advisor at our toll-free line, 800-706-4741.

[@user-lv6kz6pc8s]

How do I protect my house that is used for an Airbnb ?

[@thephilawsopher5017]

some ideas: have a good contract, buy insurance, put into an LLC with charging order protections.

[@TobyMathis]

We recommend speaking with one of our advisors for any legal advice. Here is the link to schedule a free strategy session: aba.link/tobyss. Or you may call to speak with an advisor at our toll-free line, 800-706-4741.

[@rc-nitrokid]

Who is the one to talk to for structuring assets correctly?
Business Attorney?

[@TobyMathis]

You can contact my team to assist you with structuring your assets. Visit: aba.link/vr2

[@eekay3646]

I understand it's pure coincidence, but that example of "your daughter hitting someone" really triggers me. My mother was killed by some idiot who lives down the street; long story short, he rear ended a vehicle and sent that vehicle flying onto our front yard where my mom was standing, and she was severely injured and died from those injuries. I already got my lawyer to sue the SOB. I just hope there are assets worth taking from him and that they're unprotected. I'm not the kind of person to "lawyer up" to try to win the "ghetto lottery." But this guy deserves to get the tar sued out of him. And I hope my lawyer does just that.