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Radical Personal Finance

647-Asset Protection Planning for Mere Mortals - Part 12 - Intelligent Asset Titling

Radical Personal Finance

Joshua J. Sheats, MSFS, CFP, CLU, ChFC, CASL, RHU, REBC, CAP

Self-improvement, Business, Education, Investing

4.21.9K Ratings

🗓️ 21 June 2019

⏱️ 100 minutes

🧾️ Download transcript

Summary

If you care about asset protection planning, there's hardly any reason for you to own an asset in your own name. So, you'll have to get used to titling asset in slightly different ways.

Today, I teach you why and how.

Joshua

Transcript

Click on a timestamp to play from that location

0:00.0

Welcome to Radical Personal Finance, a show dedicated to providing you with the knowledge, skills, insight and encouragement you need, to live a rich and meaningful life now, while building a plan for financial freedom in 10 years or less.

0:11.0

Today we pick up our Asset Protection Planning for

0:14.0

Mere Mortals series. This is part 12 of the series titled,

0:18.0

titled,

0:21.0

called Intelligent Asset titling.

0:23.6

That's today's show, intelligent asset titling.

0:26.5

Quick bit of refresher.

0:28.5

This series is focused on helping ordinary people to put in place basic asset protection plans.

0:36.8

And I have focused heavily on knowledge and I've focused heavily on things that you can do

0:42.4

without necessarily consulting a financial professional, consulting a legal professional.

0:48.0

All along the way in this series I've tried to explain to you how certain things work and what things are available to you,

0:55.3

and most of what we've talked about is just simply a matter of your knowledge and adjusting your

0:59.5

affairs to line up with your knowledge.

1:02.4

I haven't talked about the things that are more complex

1:04.7

or the things where you need specific advice. Now we're getting to the end of this particular

1:09.3

series because we're starting to cross that barrier between things that are easy for a do-it-yourselfer

1:15.6

to do versus things where you'll start to want to solicit professional financial advice,

1:21.6

professional legal advice from an attorney who specializes in asset protection

1:26.6

planning.

1:27.6

This show is very much on the borderline, but I'm still going to take a crack at it because

1:32.0

I at least want you to get some basic concepts and then some of my listeners who are more confident in their DIY skills

1:40.4

will be able to go ahead and put some strategies in place and some of my listeners will be able to go ahead and put some strategies in place and some of my

...

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