Anderson Business Advisers Asset Protection

[Max Bellino]

Hello Everyone,

Thank you for taking the time to read my post. I'm currently navigating the complex process of finding a reputable asset protection attorney with expertise in real estate. My journey has introduced me to the strategies promoted by Anderson Business Advisers. While I'm open to investing in quality service, the feedback I've encountered suggests that Anderson may not deliver on its promises. It appears to be that their focus might lean more towards collecting money rather than providing substantial support and outcomes. I'm particularly interested in establishing a holding company that is a Multi-Member LLC with charging order protection so looking to place it in Delaware. Although I would like to try to do it myself, crafting effective operating agreements is outside my comfort zone. I have talked to 6 different attorneys from a variety of firms (including Anderson), my priority remains to use a firm that is committed to delivering real value and doing the strategies I'm looking for, correctly. Any advice or recommendations would be warmly welcomed.

Thank you!

~Max Bellino

[Stuart Udis]

@Max Bellino if you feel the need to interview six separate attorneys for this scope you are over complicating your true needs. I frequently come across investors who approach asset protection the way you appear to be approaching the subject and you’re making this unnecessarily complicated. I can’t keep track of the number of  people I come across on bigger pockets who feel the need to create entity structures more complexed than my former employer that owned a hotel portfolio valued over a billion dollars.

 Truth be told, what you need is in fact very simple and where most make mistakes is actually in their day to day operations. If more investors spend a fraction of the time and energy spent worrying about asset protection and do the things on a daily basis that prevents liability exposure, plaintiffs attorneys won’t eat as well. 

To be clear, I believe real estate should be owned by an entity but there are other things that are far more critical to protecting yourself personally as well as your real estate assets such as appropriate levels of insurance, well drafted vendor agreements & collecting insurance certificates coupled with understanding how to correctly operate the entity in which you form. This should be your priority, not interviewing 6 law firms for what amounts to a very  simple legal engagement.