BEWARE: The Major Changes In 2023 Affecting Real Estate Asset Protection With Clint Coons

In this video, Toby Mathis, Esq. will discuss the major changes coming in 2023 that are affecting real estate asset protection and how to prepare yourself for the impending challenges.
“This is something you better figure out sooner rather than later.” 1:31
Joining us on this installment of the podcast is a very special guest we have had the pleasure of working with for the last 25 years. In case you are unaware of his work, please extend a warm welcome to Clint Coons, Esq., our partner here at Anderson Business Advisors.
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Together, we will be going over a number of topics related to the changes occurring this incoming year.
Topics such as the Corporate Transparency Act, frivolous lawsuits, the purpose of insurance, and more.
But before we begin, I would like to take a moment to thank Clint for all of his work over the years. He has been an invaluable asset and friend, and it is because of this that we are able to provide our clients with high-quality services.
Learn more about what to expect in 2023 right here, and be prepared to face new challenges head-on equipped with the knowledge you need for certain situations.
If you enjoyed the video, please consider leaving it a like. We would also appreciate it if you subscribed to the channel. Subscribing to the channel means not only supporting us, but it supports your learning through our content.
Show Notes:
0:00 Intro
0:45 Corporate Transparency Act
2:21 Reporting
3:32 What the CTA means for you
7:30 Avoid Access Fees
12:19 Frivolous Lawsuits and How to Avoid Them
15:12 Misconceptions with Insurance
19:11 Case Example
22:33 Tax & Asset Protection Event
24:46 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 #realestateinvestor

[@RadAleks]

Good talk, Thanks.

[@christriseninteractivechur2192]

Thx.

[@willmallory9085]

Thank you for sharing.

[@cesterly4668]

There are many reasons for using entities like Trusts, LLCs is to hold assets, not a business and for privacy and avoid probate when those who establish entities. No income generated by the way either so no taxes due.

[@WizardKingCorey]

Excellent info, I knew some of this was coming but hearing it from you guys is very helpful.

[@TobyMathis]

Glad it was helpful! Thank you for watching!

[@gloireciel1711]

Thanks

[@TobyMathis]

Thank you for watching our content!

[@starr8111]

4:45

[@starr8111]

7:25

[@andreavandekleut6379]

Is it JUST about KYC or more financial intrusion? It is China that is trying to buy all of Airports and Seaports?

[@pianogal853]

And farmland

[@gregholl5872]

How is this lawful? When was the govt provided the right to make demands like this?

[@abeeiland2996]

My research of the Treasury rules regulations and statutes apply to foreign Corporations, not one applies to domestic Corporations. 😑

[@AcctsPayable]

see my comment above to PianoGal. For one, we need a change of administration!

[@pianogal853]

Just like most laws these days - mainly to stifle small businesses

[@TheAlkalineHealer]

What's that enimity word he mentioned in regards to the trust structure? How do you spell it? I can't find it on Google

[@pianogal853]

@@TheAlkalineHealer he has a whole video on trust structure. That might help

[@sitori663]

Money laundering is a HUGE problem that needs to be addressed. It's a small amount of reporting - that's it. As long as you aren't laundering money you won't be stifled.

[@AcctsPayable]

@@sitori663 Totally naive to think the govt. will only focus on those suspected of money laundering. This is nothing more than another lever in their master plan in redistributing wealth in their favor, making it easier for their private collection agency, the IRS, to illegally surveil, garnish bank accounts and confiscate assets from all types of small businesses. Typical govt. overreach to suit their needs. George Orwell had it right from day one. With each passing day, we lose out rights to freedom, privacy and control as everything we create will be taken from us sooner or later. Let us not forget that the IRS is the biggest creditor out there - and the one with the most power.

[@bellabong8862]

The gubmint is doing this to prevent money lawn-dehr-ing? Uh huh.