So their different levels of pricing "concerns" you. Now without getting accurate information or getting a consultation from them (aka pulling the trigger) aren't you exercising the same skepticism of paralysis analysis, but with asset protection vice property analysis? I've got a consultation that lasted 30 minutes and was free. You have nothing more than "concerns". Put your big boy pants on.
Because I'm a spread the wealth/knowledge kind of guy in order for the greater community to be able to learn from all the information provided, I'm going to provide 2 links here. Now, both links are of Clint Coons providing information not only about asset protection, but about charging order protection. Not only is he a real estate attorney, but he's a real estate investor as well. Since he does this for a living, (just like Kiyosaki writes books and one of them I quoted earlier), I think this guy "probably" knows what he's talking about.
Now, one of the reasons why I recommend (after watching his video) that company/business structure is set up BEFORE starting to invest is for the reason that he mentions at approximate the 14 minute mark in the 2d video I've provided. (At least it's important for those looking for anonymity compliance, meaning they don't want anyone to know that they own assets in case someone comes after them). I include the links because Clint better articulates the setup that I'm choosing that works for me.
See, I'm of the mindset that I'm not going to be the one to decide whether or not the greater BP community can afford to pursue educating themselves about a topic whether it's asset protection or any other topic that is discussed on BP. These men and women are big boys and girls. They're in the less than 3% of the population (also from Kiyosaki) that decides to invest in their future and decides to educate themselves. By virtue of the fact that they decide to educate themselves shows a step forward that 97% of the population doesn't take. Since they're make that decision, I'm thinking they're smart enough to decide for themselves what they can afford and what is best for them. If I were them, I would actually be insulted that you would take it upon yourself to decide for me what I can or can't afford. But that's just me.
No one has to use the information on the links that I've provided from Clint Coons or use his service, but the information is provided by an attorney who himself is a real estate investor. Now, does setting up my company according to the structure that Clint discusses in his video delay me from pulling the trigger on stepping forward and making my first investment? Absolutely, but I'm more than ok with that because (for me) asset protection is a serious concern of mine. Since I'm taking the time to invest and build my baby (company) from the ground up, I want to protect that investment company as well. Who are you to say that me taking my hard earned and deserved money and putting it into asset protection is a waste of money. Don't use asset protection, good on you and I seriously hope that you never have to use it. If you've never had anybody come after you for any litigation, that's awesome too, but not everyone will be as fortunate. I make a bit more money than the average person because of disability benefits coming it and I CHOOSE to use that money initially to create asset protection.
You don't need to protect anyone from anything. Again, these are big boys and girls who can and will make up their minds for themselves. Have you contacted ANY attorney regardless of whether or not it's Clint Coons and received the information first hand? I have. Have you received a consultation? I have. "I'm not trying to discourage the free exchange of information, I am trying to keep you from helping what APPEARS to be a glorified GURU sales pitch to folks who don't need it and at a grossly inflated price IN MY OPINION." I just quoted you making a statement using nothing more than speculation on your part, not to mention the fact that IN YOUR OPINION, you're going to decide what's best for me because you know my business/company plan so well that you're the one that's in the best place to make those kinds of decisions for me. Hmmm. What "APPEARS to be a glorified GURU", you don't know, but you're asserting and making it very clear that he "appears" to be a guru. "to folks who don't need it", so you know what the entire BP community needs now. Maybe you should start your own website since you're the one in the best place to decide what's good and bad for the folks of BP, but maybe call it smaller pockets since you know that the income of the community of BP can't attain or maintain the structuring mentioned by someone who "APPEARS to be a glorified GURU". Hmm. I'm not so arrogant to think I'm the one in a position to make that choice for the greater BP community. I can make that choice for me and only for me. If you do start "smaller pockets", let me know how that works out for you. But since we're actually having this conversation on BIGGERPOCKETS, I'm thinking let THIS community decide for themselves. I honestly don't think I've ever come in contact with someone so arrogant as to think he actually knows what's best for the rest of the community, not to mention that you only state speculation because you've never talked to anyone directly yourself.
Just by your assumptions and speculation alone, I'm thinking that the BP community can decide for themselves that while you, yourself, do have your wisdom that you can share with the community, that your lack of knowledge in asset protection and arrogance to thinking that you know what's best for the rest of the community will lead others to decide for themselves if they give credibility to your posts. By virtue of the fact that you're the arrogant, I'll do my own due diligence before applying/implementing anything you suggest based on what "APPEARS" to be certain to you.
In closing, the videos, nor I said anything about no one being personally sued, but ironically enough, that's something else that Clint Coons talks about. Are you an attorney? Given the legal forum that many find themselves in today because of trigger happy frivolous lawsuits that are filed everyday, do YOU have any information about asset protection that can protect these people. The way I see it is that while many dismiss asset protection (and that's more than ok), there are those who WILL face legal issues down the road through no fault of their own. The way I see it, I can't afford NOT to have asset protection. Now, again, put on your big boy pants and go watch the videos. When you're done (IF you watch them), try NOT to make speculation based on information that you do NOT have because of how you THINK something "appears".
