Go offline with the Player FM app!
Protecting Your Wealth: Essential Asset Protection Strategies for Real Estate Investors
Manage episode 471032762 series 1342813
In this eye-opening episode of Getting Real with Monick Halm, we dive into one of the most critical yet overlooked aspects of real estate investing—asset protection. It’s not just about what you make—it’s about what you keep! Without proper safeguards, lawsuits, taxes, natural disasters, and even poor estate planning can wipe out your hard-earned wealth.
Monick shares personal stories of lawsuits she’s faced, including a $1.2 million dog bite lawsuit and a shocking claim over cracked floor tiles—five years after selling a property! She breaks down:
✅ The four biggest threats to your real estate assets (and how to protect yourself)
✅ Common myths about asset protection that put investors at risk
✅ Legal structures explained—LLCs, trusts, corporations, and how to choose the right one
✅ Why insurance alone isn’t enough (and the types you actually need)
✅ How to structure your assets for tax efficiency and generational wealth
Asset protection isn’t just for the ultra-wealthy—it’s for every investor who wants to safeguard their future. Learn how to protect yourself, your investments, and your legacy so your wealth grows and stays in your family for generations to come.
234 episodes
Manage episode 471032762 series 1342813
In this eye-opening episode of Getting Real with Monick Halm, we dive into one of the most critical yet overlooked aspects of real estate investing—asset protection. It’s not just about what you make—it’s about what you keep! Without proper safeguards, lawsuits, taxes, natural disasters, and even poor estate planning can wipe out your hard-earned wealth.
Monick shares personal stories of lawsuits she’s faced, including a $1.2 million dog bite lawsuit and a shocking claim over cracked floor tiles—five years after selling a property! She breaks down:
✅ The four biggest threats to your real estate assets (and how to protect yourself)
✅ Common myths about asset protection that put investors at risk
✅ Legal structures explained—LLCs, trusts, corporations, and how to choose the right one
✅ Why insurance alone isn’t enough (and the types you actually need)
✅ How to structure your assets for tax efficiency and generational wealth
Asset protection isn’t just for the ultra-wealthy—it’s for every investor who wants to safeguard their future. Learn how to protect yourself, your investments, and your legacy so your wealth grows and stays in your family for generations to come.
234 episodes
All episodes
×Welcome to Player FM!
Player FM is scanning the web for high-quality podcasts for you to enjoy right now. It's the best podcast app and works on Android, iPhone, and the web. Signup to sync subscriptions across devices.