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.Pete Schindele, CFO, CPA. Pete is from Boise, Idaho, where he attended the University of Idaho and earned a Bachelor of Science in Business, majoring in Accounting and Finance. Pete has been a licensed CPA in the State of Idaho since 2011. He is the owner of Gryphon Financial Consulting, PLLC, a boutique consulting firm in Boise, advising small businesses and real estate investors on budgeting, forecasting pro forma financial statements, scenario analysis, tax, and financial modeling. In 2020, Pete joined Royal Legal Solutions as their Chief Finance Officer. Pete enjoys domestic and international travel, attending concerts, and seeking out investment opportunities in real estate around the Northwest.*********************************************************************************KEY TAKEAWAYSIn our final Royal Tax live group mentoring session, Pete shared changes in the tax code that were most relevant to real estate investors.These included:Standard deductions increase for all filing statusesHealth Savings Account contribution limits increasedEstate Tax and Gift Tax limits raisedThe group discussed other ways to reduce their taxable income, such as hiring your children to work for your business. One of our seasoned investor attendees outlined the mechanics of how he maximizes his tax advantage through a structured approach to compensating family members. At the same time, he highlights the significance of using this as a technique to teach responsibility while creating generational wealth.Additional ideas were shared by group members that are worth a listen.Ready to catch up and see what you missed? Watch the replay. *********************************************************************************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 Tax Strategy? 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/Q014rfVz0*********************************************************************************DISCORD COMMUNITYhttps://discord.gg/KKS7rZG5kM*********************************************************************************WEBSITE: royallegalsolutions.comLINKEDIN: Check out what folks are saying and make a professional connection with Scott Royal Smith. 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. www.facebook.com/groups/495820367909918/

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