#568 Asset Protection and Privacy: Reality or Illusion?
Main Street Business
Mark J Kohler and Mat Sorensen
2.4 • 584 Ratings
🗓️ 11 March 2025
⏱️ 41 minutes
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| 0:00.0 | Welcome to the Main Street Business Podcast with your distinguished hosts, Mark J. Kohler and Matt Sorensen. |
| 0:05.5 | Both are best-selling authors and have over 25 years of industry experience with 10,000 client consultations, |
| 0:12.3 | making them the leading tax and legal experts in the nation. |
| 0:16.1 | Together, they'll unpack the most complex tax, legal, and financial strategies, |
| 0:20.6 | crucial for saving more, |
| 0:22.1 | stressing less, and building generational wealth. Today, they're your personal advisors. |
| 0:28.1 | Ready to break it down for you and make the tax and legal game easier than ever. |
| 0:32.6 | Here is Mark and Matt. |
| 0:34.2 | We're doing this to have a more private life where we can be protecting our brand, our reputation. I had a Grammy award-winning artist, very famous. You would know who it is, and they were very concerned about privacy when we set up the LLC and we use this structure we're talking about here. You might have a high public profile, but you're like, I just don't want my name out there. I just don't need it out there floating everywhere. Yeah, and your brand, your social media presence, all of a sudden, someone sees a little something. They just want to make a big deal about it. And it's not a big deal. But your name was there. Bottom line, there should be no fear. There should be no pressure. We're not just TV lawyers. We're real lawyers. Yeah. It's not just so too good looking guys, but could have been on suits. |
| 1:15.5 | Right. Welcome everyone to the Main Street Business podcast. This is Matt Sorensen, joined by the incredible Mark J. Kohler. We're excited to be with you today because we want to talk about |
| 1:19.7 | keeping the money and all the hard-earned assets that you've built up. Yeah. And I think the |
| 1:25.2 | topic that goes hand in hand with that, that I've been so vocal about over the |
| 1:31.4 | last 25 years is also making sure you don't get scammed and sold crap you don't need. There is so |
| 1:37.1 | much out there in this asset protection industry of you need a Wyoming entity or you need a Nevada |
| 1:42.4 | and you're Delaware and you can hide and |
| 1:44.2 | oh get a near a vocal trust and go offshore and you know and there's just so much crap out there |
| 1:48.9 | too. So we want to be a voice of reason, give you some straight answers today on what works, |
| 1:55.0 | what doesn't, how to take action and what it might cost. And then you're more well equipped to |
| 2:00.4 | go out and choose the professional you need. Yeah. And I hate to say it, but every bad idea and recommendation out there has a little dose of truth in it, and it's kind of built off of that and then overdone. So we want to talk about what should you actually be doing? It might be different in your situation. We'll try to give you some guidelines here about what may work and make sense for you. But at the end of the day, you want this to be tailored to your situation. |
| 2:21.1 | Okay? And we're going to come back to that towards the end. So the main goal here is let's bring this |
| 2:25.8 | in from 30,000 feet down to 2010. We're going to land this baby safely with all the FAA stuff going on. Oh, my gosh. |
| 2:34.9 | So 30,000 foot view, a lot of people are like, okay, I'm buying rental real estate. |
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