Naming a Land Trust - Don't Do This!
Published 2020-08-12
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Clint Coons, Esq. is one of the founding partners of Anderson Law Group, Clint has grown his legal and tax firm to over 400 employees by assisting real estate investors with creating and implementing solid entity structuring plans. His success in these regards is in large part due to his personal investing experience. A successful attorney, real estate investor, and speaker, Clint has used his innovative and dynamic strategies coupled with knowledge borne from experience to help thousands of people save millions of dollars and build real wealth.
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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.
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All Comments (21)
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Learn about Real Estate & Asset Protection at our next all-day free live stream. Our attorneys and specialists will answer ALL questions: 👉 Save Your Seat: aba.link/uwa
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of all your vids, for some reason, today's vid showed me a error in my personal structure... I have LLC with no protection, because its in my name an no other LLC as protection. I need to fix this. thanks for the vid. great work.
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Thank you for this. I am so brand new to learning about trusts you made me understand the basics of what the name and beneficiary name should be.
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Frog fetish 😆....there goes my ice cream trust names. Goodbye Neapolitan Trust Goodbye Rocky-Road Trust 🍦 🗑 Another great video Clint, thank you sir!
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Very helpful! Thank you!
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thank you, answered my question🙂
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great information
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Super great thanks again!
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“Don’t be the guy with the Frog fetish” 😂😂🤣
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Hello, new here to your channel and I have subscribed. Love the vids. Now just wanted to know, why do you specifically recommend a WY LLC in all of the vids? Why not some other state? Thanks!
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I like your idea on how to set up a trust and L LC . Is there a dvd or something that goes into a little more detail than that.?
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Are WY, NV, and DE good for inside and outside protection with their LLC's? I am thinking about an AP structure where say Me Enterprises LLC (or maybe even Corp), would be the owner of a RE Holding LLC (for real estate related ventures), another RF LLC (for a retailing based franchiser), and other RSx LLCs (other retail/service based ventures). If the Me Enterprise LLC/Corp is the owner of all of these other LLCs (RE, RF, and RSx) also established within WY, NV, DE - would that open the doors for all the LLCs owned by Enterprise LLC to be sued by someone with a claim against Me Enterprises LLC? And, would Me Enterprises LLC still be protected from actions against any of the subsidiary mananger managed LLCs? Would the Me Enterprises LLC be a manager managed llc as well as the subsidiaries (not the bottom tier member managed LLCs)? Would the RE, RF, & RSx LLCs still be manager managed at this point - or go to member managed?
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I should do this.
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More videos please
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Hey Clint, Thanks for the great videos! Let's say I wanted to have a few properties per LLC to reduce the number of total LLCs and bank accounts I have to manage. Would there be any issues with one LLC owning multiple land trusts and just have multiple DBAs to match the land trust names?
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Clint! How would you sell real estate held through anonymity structures. When you need to sign as a seller on dotted line for your Wyoming LLC, doesn't that kill the anonymity for other real estate holdings as well?
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What video do you go over the WY LLC? How do you pass that anonymity on to the 1458/MI5 LLC? Great videos
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Can you set up the Land Trust such that the Trustee is your PARENT Series LLC, and the Beneficiary is one of the CELL LLCs in the Series? Great job BTW! :)
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Thanks Clint! If you have anonymity through your LLC and it's holding company, why do you then also need a trust?
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The question I have which has not been answered by any of the videos about trusts is, how do you establish a trust? is there an application that you have to fill out? if so where do you get that application? and do you have to register it somewhere or just keep it in your drawer like a will?
