Securing Your Real Estate Legacy: The Power of Asset Defense, Property Entity Structuring, and Estate Planning with Bob Bluhm
Bob Bluhm is a national leader in asset protection who specializes in helping business owners build their businesses the right way, so they can reach their goals without compromising their investments. Bob is on the show today to share his expertise and help us better understand how business entities work and what could happen if they aren’t structured correctly.
Listen now to learn more about structuring entities for your businesses, the importance of setting them up the right way, and the best practices that will help you protect your personal assets!
Key Talking Points of the Episode
00:00 Introduction
00:32 Who is Bob Bluhm?
02:20 What should entrepreneurs focus on in business to succeed?
06:29 What are some of the worst practices real estate investors have?
08:13 Why shouldn’t you sign a contract with your name?
09:45 What is the best kind of resolution for active investors? 11:31 What is the real purpose behind a business entity?
15:12 When is it necessary to have multiple entities for your businesses?
18:21 Why is it important to have entities structured the right way from the beginning?
21:11 What does Asset Defense Team do for business owners?
23:03 How can structuring an entity correctly protect your personal assets?
24:06 Why are single-member LLCs not as protective as multi-member LLCs? 27:45 What should people consider when planning an estate?
28:46 Why is a living trust important for you?
32:30 What is Bob’s advice to young entrepreneurs today?
34:21 What was the turning point in Bob’s career?
39:05 Why should lawyers be part of the team you’re building for your business?
41:45 What does Bob help entrepreneurs with?
42:40 What services does Asset Defense Team provide for entrepreneurs?
43:16 How can you get in touch with Asset Defense Team for assistance?
44:03 What is the avatar of an ideal client for Asset Defense Team?
Quotables
“You wanna always have the shield of liability protection of an entity.”
“If things go wrong in the business, the worst thing that could happen with a properly structured entity is you could lose the investment you made in that business.” “It’s cheaper to do it right the first time, than to do it over and over again because you screwed it up.”
Links
Website: Asset Defense Team
Email: Asset Defense Team
Phone: Asset Defense Team
(945) 542-7738
Website: RCN Capital
https://www.rcncapital.com/podcast
Website: REI INK