Listen "Season 2 Episode 38: Insurance Basics for Real Estate Investors and QA Session with Scott Royal Smith and Aaron Porter"
Episode Synopsis
ROYAL LEGAL SOLUTIONS Learn how to free your time, protect your assets, and create lasting wealth with asset protection attorney and long-time real estate investor, Scott Royal Smith. When a close friend lost over $3 million in a single lawsuit, Scott decided to leave his litigation practice to help people protect themselves from frivolous lawsuits. His law firm, Royal Legal Solutions, now helps thousands of real estate investors and entrepreneurs protect more than $1.2 billion in assets. Join Scott as he deconstructs the lawsuit game and shows you how to protect yourself and your hard-earned wealth.*********************************************************************************MEET THE HOSTSScott Royal Smith, Esq., CEO, Real Estate Investor. As the founder of Royal Legal Solutions, I am an asset protection attorney and long-time real estate investor in every asset class in 10+ states. My background in litigation and investing uniquely has provided me with insights into how to best use the law for maximum legal advantage while streamlining operations, taxes, and compliance.*********************************************************************************KEY TAKEAWAYSAaron Porter, Royal Legal Solutions Insurance Manager, met with the group today to discuss how Land Trusts relate to insurance and an overall asset protection plan. As with any asset of value you own, you will want to protect it from lawsuit and mitigate risk of loss or damage.Listen to learn about the different coverage levels available for property insurance: what they include and what they don't. Did you know? By spending just a few more dollars a month, you can get the best coverage available vs. buying a budget policy that might leave you in a bad situation should the unexpected arise.Hear from attendees as they share some of their hard-learned lessons involving gaps in arson and fire damage coverage. Find out which benefits may have the most significant impact on total cost. You may have wondered if a property owned by a land trust for the benefit of anonymity needs insurance coverage. Does the trust name need to be listed on your policy? Absolutely. Your claim will be denied if the land trust is listed on the deed but not in your policy.Aaron shares best-practices to get the most coverage at the best price.Want a refresher or to see what you missed? Watch the replay. REGISTER FOR ROYAL INVESTING and attend LIVE on Zoom, Wednesdays at 11:30 p.m. CST.Ready to go beyond basics and take your education to the next level? Get FREE Access to the Asset Protection Vault. This resource contains our top 5 video Masterclasses and ebooks.*********************************************************************************ENGAGE WITH USAre you ready to take action on Asset Protection, Tax Strategy, or Estate Planning? Take our Financial Freedom Quiz, where we will gather your general information to have a productive conversation. At the end of the quiz, you will have the opportunity to schedule your consultation. https://hubs.la/Q014rfVz0For insurance questions complete this quiz: https://go.royallegalsolutions.com/insurance*********************************************************************************DISCORD COMMUNITYhttps://discord.gg/KKS7rZG5kM*********************************************************************************WEBSITE: http://royallegalsolutions.comLINKEDIN: Check out what folks are saying and make a professional connection with Scott Royal Smith https://www.linkedin.com/in/scott-royal-smith/ FACEBOOK: Join our exclusive group to discover the tax, legal, & asset protection secrets every real estate investor needs to know. https://www.facebook.com/groups/495820367909918/
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