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

4 min read

Jun 28, 2019Mar 16, 2021 Scott Smith

5 Ways to Protect Real Estate Assets & Avoid Lawsuits

It doesn’t matter where you are in your journey to defend your assets: these basic yet essential asset protection concepts can keep you out of unnecessary legal trouble. Regardless of…

4 min read

Jun 11, 2019Sep 08, 2023 Scott Smith

Encroachment in Real Estate: How to Handle Property Line Disputes With Neighbors

Encroachment usually occurs over neighboring properties where property lines aren't clearly defined or visible.

4 min read

Jun 07, 2019Mar 16, 2021 Scott Smith

California Investors: Why DSTs Are Better Than LLCs (Hint—Taxes!)

For investors learning about asset protection, it’s easy to get mixed up or receive bad advice. It’s even easier to fall into the trap of believing there’s a generic “best…

3 min read

Apr 28, 2019Mar 16, 2021 Scott Smith

Know Your Real Estate Partnerships: General and Limited Partnerships Explained

Do you need a legal partnership or LLC for your real estate investing business? Which kind is best for asset protection? Here I'll explain the smartest option for most investors…

3 min read

Mar 24, 2019Mar 16, 2021 Scott Smith

Buying? Selling? New to the Business? Why You Need a Lawyer Now

There is a popular misconception that you only need to call a lawyer when something has gone wrong. This simply isn’t true—at least not in the world of real estate.…

3 min read

Mar 04, 2019Mar 16, 2021 Scott Smith

Insurance or Asset Protection: Which is Best for Investors?

Deciding between insurance or asset protection shouldn't be an either/or scenario. Both play important roles in protecting any real estate investor from losses and lawsuits. Learn the benefits of reinforcing…

3 min read

Feb 19, 2019Mar 16, 2021 Scott Smith

3 Reasons NOT to Buy an LLC Online

Have you encountered online businesses offering to form an LLC for you at an extremely discounted price? Tons of sites peddle extremely cheap (or even free) articles of incorporation or…

3 min read

Jan 02, 2019Mar 16, 2021 Scott Smith

4 Questions Every New Investor Needs to Ask Their Attorney

Meeting a new attorney can be intimidating. But it doesn’t have to be. In fact, you might find your first meeting with a new real estate attorney goes rather smoothly…

3 min read

Oct 09, 2018Mar 16, 2021 Scott Smith

How Pass-Through Entities Help Real Estate Investors (& Which is Right for You)

The chief benefit of using a pass-through entity is that you won’t be taxed twice. Nor will you end up paying a CPA thousands of dollars to file a business…

4 min read

Sep 26, 2018Mar 16, 2021 Scott Smith

Moving Yourself or Your Money Outside of the U.S.: What You Need to Know

Before you start packing, you'll want to be aware of your responsibilities when it comes to taxes and the law for those moving out of the country. Uncle Sam likes…

4 min read

Sep 23, 2018Mar 16, 2021 Scott Smith

Asset Protection in Real Life: How My Client’s Strategy Avoided a Lawsuit

Today, I'm going to tell you a success story about a real client of mine. By making use of the recommended tools, she was able to save herself from a…

4 min read

Sep 05, 2018Mar 16, 2021 Scott Smith

How to Legally Disinherit Someone Using a Will or Trust

Sometimes, the apple falls very away from the tree. All sorts of circumstances can lead to wanting to disinherit an heir. Sometimes, they're positive reasons. Others, not so much. Here's…

4 min read

Aug 19, 2018Mar 16, 2021 Scott Smith

The 3 Most Common Mistakes People Make When Planning Their Estates

Of course, you CAN learn to do plan your own estate. But like anything finance driven, it’s more confusing than a Matrix sequel, and you've got way more choices than…