Midlands REIA Monthly Meeting
November 14 @ 6:30 pm - 8:30 pm EST
This meeting features an expert at asset protection, Randy Hughes, who will show us how to hide our assets from predators and scammers who will try to take what we have if they know we have it. Randy’s specialty is showing us how we can hide our ownership of real estate from those who want to try to sue us and take it away.
We live in a time when some people think it’s easier to file lawsuits to get our real estate, or large chunks of money, from us rather than figure out ways to buy it themselves. Ever hear of disgruntled tenants who are unhappy with their landlords or people who purposely get into car accidents then call ambulance-chasing attorneys to take their case?
If you don’t know how to hide your assets, all an attorney usually has to do is go to the public records, search for your name, then see everything you own and file a lawsuit to go after your possessions.
Land trusts are free or cheap to form and they are flow-through entities on your tax returns so there is no need to file separate tax returns for each land trust. There’s no reason to NOT have your properties in land trusts. Our meeting speaker, Randy Hughes, will show us how to use paperwork to put our real estate into land trusts to keep anyone from finding out what you own and try to take it away from you.