Will Your Estate Plan Work The Way It Should?
BY Kendal Blunck | June 14, 2018Although estate planning documents may be signed, the estate planning process is not complete until asset titles are changed so that they can be controlled by those documents. The act of retitling assets is called funding. So, when the estate planning attorney or your financial advisor speaks of funding your trust, for example, he or…
Corporations As a Tax Shelter in 2017
BY Kendal Blunck | May 22, 2018Reposted from 02/23/2017 Creating a corporation can be a great form of asset protection – but did you know that a corporation can be a tax shelter as well? A tax shelter is a legal way to decrease or minimize taxable income, which reduces your overall tax liability. The simple act of incorporating does not…
FOLLOW THE MONEY IN RESIDENTIAL ASSISTED LIVING
BY Kendal Blunck | May 15, 2018How much can I make? That is a common question I get when people come to the Academy to learn about Residential Assisted Living. There are 2 directions that you can go. Own the Real Estate and rent it to an operatorOwn the Real Estate AND operate the Residential Assisted Living business as well. If…
WHY LLC ASSET PROTECTION BENEFITS YOU
BY Kendal Blunck | May 1, 2018Asset protection is important for everyone, from real estate investors to business owners and everyone else in between. Your personal assets otherwise are vulnerable to any attorney or creditor who wants to go after them, if you are found legally liable in a lawsuit. Having a strategy in place before anything happens then is key. The…
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