Author

Scott Smith

Scott Royal Smith is an asset protection attorney and long-time real estate investor. His law firm, Royal Legal Solutions, helps thousands of real estate investors and entrepreneurs in all 50 states protect more than $1.2 billion in assets. Since 2014, he has published over 1,000 posts and articles on BiggerPockets and has appeared on hundreds of podcasts.

Experience
Scott fell in love with real estate when his commercial property investment allowed him to graduate from Albany Law School debt-free. He immediately began practicing at the trial and appellate court with the district attorney, placing him in the top 1 percent of lawsuit attorneys in the county in terms of professional experiences. He also worked in private practice, suing insurance companies for denying valid claims (which is surprisingly common!).

After his friend lost $3 million in real estate from a single lawsuit, despite having ample insurance, Scott dedicated himself to educating real estate investors on the importance of affordable asset protection, specifically when it comes to folk knowledge and misconceptions that still exist in the investment and legal community. The solutions Scott recommends for his clients are the same ones he originally created for himself and has been refining on his mission to help people protect themselves from frivolous lawsuits.

Follow Scott as he deconstructs the litigation game and shows you how to free your time, protect your assets, and create wealth that lasts for generations.

Press
Scott regularly appears on shows with folks like Grant Cardone, BiggerPockets, Entrepreneurs on Fire, Wheelbarrow Profits, and his own real estate investing podcast. He frequently interviews industry experts on his Facebook and YouTube accounts and has published thousands of posts and articles on BiggerPockets and his blog for real estate investors.

Education
Scott graduated from Albany Law in 2014.

Accreditations
He has passed both the Texas and New York bar exams.

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RoyalLegalSolutions.com

Follow Scott as he deconstructs the litigation game and shows you how to free your time, protect your assets, and create wealth that lasts for generations.

Education
Scott graduated from Albany Law in 2014.

Accreditations
He has passed both the Texas and New York bar exams.

Follow
Facebook
YouTube
LinkedIn
Tax, Legal, & Asset Protection Secrets for Real Estate Investors Exclusive Facebook Group
RoyalLegalSolutions.com

Real Estate Business Management 2 min read

Oct 16, 2020Mar 16, 2021 Scott Smith

The Delaware Statutory Trust: What Real Estate Investors Need to Know

A Delaware statutory trust is a vehicle for passive real estate ownership that provides investors a shield from franchise taxes. Learn how to qualify here.

Personal Finance 4 min read

Sep 22, 2020Mar 16, 2021 Scott Smith

Estate Planning: What Is the Role of the Executor of a Trust?

Before naming an executor in a will or a trustee in a trust, learn about the trustee duties and the trust executor duties here.

Real Estate Business Management 3 min read

Sep 16, 2020Mar 16, 2021 Scott Smith

Retirement Planning: Why Business Trusts May Be a Smarter Choice Than an LLC

When you use a business trust, investments are legally separated from your personal assets. LLCs, however, have limited personal liability. Find out more here.

Diversifying Your Investments 3 min read

Sep 14, 2020Feb 24, 2024 Scott Smith

Land Trusts, Living Trusts, and Making Smart Estate Planning Decisions

End-of-life matters are not easy to talk about. But making plans now, while able, can save your loved ones time, money, and heartache.

Saving 4 min read

Aug 03, 2020Feb 24, 2024 Scott Smith

Facing Foreclosure? Read This 5-Step Survival Guide

Asset protection attorney Scott Royal Smith talks about surviving housing foreclosure, picking up the pieces, and moving on to future home ownership.

Investing For Beginners 2 min read

Aug 02, 2020Mar 16, 2021 Scott Smith

My Top 4 Business Tips for the New Real Estate Investor

There is a lot to learn when you enter the real estate game. Here are four of the most essential tips for the new real estate investor.

Diversifying Your Investments 2 min read

Jul 09, 2020Feb 24, 2024 Scott Smith

Understanding ERISA Law & How It Can Help You Invest

The Employee Retirement Income Security Act sets minimum standards for certain pension and health plans. It can also be a useful investing tool.

Real Estate Business Management 2 min read

Jun 16, 2020Mar 16, 2021 Scott Smith

Lawsuits Are a Big Business—Here’s How to Shut Them Down

As a real estate investor, you have to understand that lawsuits are a business. If someone is looking to sue you, they're looking to get your money. A solid asset…

Real Estate Business Management 2 min read

Jun 05, 2020Mar 16, 2021 Scott Smith

What Investors Should Understand About Attorney-Client Privilege

When it comes to going over business plans and tax structures with a lawyer, you need to understand which information is privileged and which is not. Don't give crucial information…

Flipping 4 min read

May 30, 2020Apr 30, 2021 Scott Smith

The Best (& Worst) States for Flipping Houses in 2020 (Plus, Tax Strategies for Flippers)

House flipping isn't for the faint of heart. But you know what makes it a little easier? Knowing where to find the friendliest environments for house flippers. Let's talk about…

Diversifying Your Investments 4 min read

May 21, 2020Feb 24, 2024 Scott Smith

7 Profitable Side Hustles in the Real Estate Field

Seems like everyone's got a side hustle these days. Part-time real estate-related gigs can help you break into the industry, save up money for a down payment, and establish critical…

Politics & Policy 5 min read

Apr 20, 2020Jan 05, 2024 Scott Smith

SBA Disaster Loan Assistance: How to Get Your Share (No, It’s Not Too Late!)

Small businesses were excited in early April when the White House announced $349 billion in Small Business Administration loans to help keep owners and workers afloat amid the COVID-19 pandemic.…

Flipping 4 min read

Mar 31, 2020Oct 09, 2023 Scott Smith

The 6 Most Important Calculations When Assessing a Fix & Flip For Your House

TV makes flipping houses look easy. Sure, the investor may have to replace an entire HVAC system last-minute, but they always walk away with happy buyers and money in their…