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Main Street Business

51: How To Protect My Home in a Potential Lawsuit?

Main Street Business

Mark J Kohler and Mat Sorensen

Tax Reform, Entrepreneurship, Business, Irs Updates, Tax Tips, Legal Compliance, Business Structure, Tax Prep, Accounting, Tax Strategies, Management, Financial Reporting, Estate Planning

2.4584 Ratings

🗓️ 10 July 2015

⏱️ 39 minutes

🧾️ Download transcript

Summary

For most of us, our most valuable asset is our primary residence and we need to take it's asset protection seriously. Regrettably however, there isn't simple OR uniform strategy from state to state and there can be a lot of variables to consider when trying to protect your home. Mark and Mat will break down every option the law provides and then some with practical tips on how avoid a lawsuit in the first place that could place your home in jeopardy. Bottom line, if you own a home and have AN...

Transcript

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0:00.0

Broadcasting worldwide.

0:07.0

Refreshing takes on legal strategies.

0:10.0

Straightforward answers to difficult tax questions.

0:13.0

Independent ideas on building wealth.

0:15.0

It's the Refresh Your Wealth Show with Mark Kohler and Matt Sorensen.

0:19.0

Get your free copy of Mark and Matt's ebooks and sign up for their weekly free newsletter

0:24.3

with important tax deadlines and articles at refreshyourwealth.com.

0:28.6

Now, here's Mark and Matt.

1:12.1

Thank you. I'm your co-host, Mark Kohler, with my amazing partner. Hey, this is Matt Thornton. excited to be with you today. Welcome to today's show. There's lots of ways to listen to today's show. We want to make sure you know all of the ways to get this show. However you may be listening. Thanks for being with us today. You can find us on the BizTalk Radio app at biztokradio.com. Also, you may have found us on iTunes,

1:17.2

the Refresh Your Wealth podcast. Well, and I just want to say thanks for everybody listening.

1:23.8

I know some of you may be shocked that you're actually going to listen to a show that has the word taxes in it, and I want to compliment all of you for your dedication here

1:29.3

to saving taxes and better living the American dream. That's what this show is all about.

1:33.8

We want to help you save taxes, build wealth, protect your assets, and make it fun, make it

1:40.0

interesting. Matt and I are, we're not your typical CPA as your attorneys. We're going to try

1:44.7

to keep this lively and exciting. And man, we're all about you guys having a great experience

1:50.9

on today's show. Yeah, and I know most people like to talk to their CPA or their lawyer

1:56.2

only when they have to. We try to be different. So if you go to the show today, as Mark said, we're going to try and entertain you.

2:04.3

But more importantly, educate you.

2:06.9

And this show is all about teaching you how to build wealth, how to get it, how to keep it,

2:12.1

how to pay the government as little taxes you need to.

2:15.2

So I'm excited for today's topic in particular, which is a really

2:19.1

critical topic to anyone that's a business owner, really anyone that even owns a home, because

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