Episode Nine
America’s Land Auctioneer and Pifer’s Land Auctioneer
Structuring your Legal Entity. It is easier to get into things than it is to get out of things. We all have heard this saying. When buying land or any real estate it is important to hold title in the appropriate ownership entity. This will prevent issues down the road. What’s more, you have exposure to liability and risk and the property entity will better help you manage this risk and exposure.
Succession planning can preserve your wealth and capital. What’s more, it can allow for a smooth transition and save you in taxes and potential family dissension down the road. Succession planning is easy to put off for another day, but it should be part of your financial planning now. You owe this to yourself and your family.
Guest- John Williams