39. Asset Protection Q&A
12/22/21 • 23 min
In this week’s episode, Bonnie answer’s real estate investors about asset protection...aka Bonnie’s favorite (legal) thing in the world
In this episode, you’ll learn:
- What asset protection do I actually like?
- How to protect paid off properties?
- Is an umbrella policy a good substitute for an LLC?
- Does it ever hurt to have an WY/NV/special state LLC?
🎉 Register for my FREE Mythbusting Workshop
👉🏼 Access the links and resources mentioned in this week’s episode at bonniegalam.com/39DISCLAIMER: Although Bonnie is an attorney she doesn’t give legal advice without a dually signed engagement agreement. All episodes of Good Bones are educational and informational only. The information discussed here isn’t legal advice and isn’t intended to be. The information you listen to here isn’t a substitute for seeking legal advice from your own attorney
© 2021-2022 Bonnie Galam LLC | All rights reserved | Any use of this intellectual property owned by Bonnie Galam LLC may not be used in connection with the sale or distribution of any content (free of paid, written or verbal), produce, and/or service by you without prior written consent from Bonnie Galam LLC
DISCLAIMER: Although Bonnie is an attorney she doesn’t give legal advice without a dually signed engagement agreement. All episodes of House of Horrors are educational and informational only. The information discussed here isn’t legal advice and isn’t intended to be. The information you listen to here isn’t a substitute for seeking legal advice from your own attorney
© 2021-2025 Bonnie Galam LLC | All rights reserved | Any use of this intellectual property owned by Bonnie Galam LLC may not be used in connection with the sale or distribution of any content (free of paid, written or verbal), produce, and/or service by you without prior written consent from Bonnie Galam LLC
In this week’s episode, Bonnie answer’s real estate investors about asset protection...aka Bonnie’s favorite (legal) thing in the world
In this episode, you’ll learn:
- What asset protection do I actually like?
- How to protect paid off properties?
- Is an umbrella policy a good substitute for an LLC?
- Does it ever hurt to have an WY/NV/special state LLC?
🎉 Register for my FREE Mythbusting Workshop
👉🏼 Access the links and resources mentioned in this week’s episode at bonniegalam.com/39DISCLAIMER: Although Bonnie is an attorney she doesn’t give legal advice without a dually signed engagement agreement. All episodes of Good Bones are educational and informational only. The information discussed here isn’t legal advice and isn’t intended to be. The information you listen to here isn’t a substitute for seeking legal advice from your own attorney
© 2021-2022 Bonnie Galam LLC | All rights reserved | Any use of this intellectual property owned by Bonnie Galam LLC may not be used in connection with the sale or distribution of any content (free of paid, written or verbal), produce, and/or service by you without prior written consent from Bonnie Galam LLC
DISCLAIMER: Although Bonnie is an attorney she doesn’t give legal advice without a dually signed engagement agreement. All episodes of House of Horrors are educational and informational only. The information discussed here isn’t legal advice and isn’t intended to be. The information you listen to here isn’t a substitute for seeking legal advice from your own attorney
© 2021-2025 Bonnie Galam LLC | All rights reserved | Any use of this intellectual property owned by Bonnie Galam LLC may not be used in connection with the sale or distribution of any content (free of paid, written or verbal), produce, and/or service by you without prior written consent from Bonnie Galam LLC
Previous Episode
38. Lawsuit Reality Check with Litigation Attorney Trevor Serine
In this week’s episode, Bonnie Galam chats with attorney Trevor Serine about how asset protection tools play out during a lawsuit. We cover things from offshore account to the insider threat no defensive tool can protect you from.
In this episode you’ll learn:
- Why LLCs sometimes provide limited asset protection in the event of a lawsuit
- What type of defensive asset protection is most protective
- What you can do to improve your chances of winning a future lawsuit today
👉🏼 Access the links and resources mentioned in this week’s episode at bonniegalam.com/38
DISCLAIMER: Although Bonnie is an attorney she doesn’t give legal advice without a dually signed engagement agreement. All episodes of Good Bones are educational and informational only. The information discussed here isn’t legal advice and isn’t intended to be. The information you listen to here isn’t a substitute for seeking legal advice from your own attorney
© 2021-2022 Bonnie Galam LLC | All rights reserved | Any use of this intellectual property owned by Bonnie Galam LLC may not be used in connection with the sale or distribution of any content (free of paid, written or verbal), produce, and/or service by you without prior written consent from Bonnie Galam LLC
DISCLAIMER: Although Bonnie is an attorney she doesn’t give legal advice without a dually signed engagement agreement. All episodes of House of Horrors are educational and informational only. The information discussed here isn’t legal advice and isn’t intended to be. The information you listen to here isn’t a substitute for seeking legal advice from your own attorney
© 2021-2025 Bonnie Galam LLC | All rights reserved | Any use of this intellectual property owned by Bonnie Galam LLC may not be used in connection with the sale or distribution of any content (free of paid, written or verbal), produce, and/or service by you without prior written consent from Bonnie Galam LLC
Next Episode
40. Your LLC Isn't Enough
If you think an LLC is the end-all-be-all of asset protection, well I've got news for you 👉🏼 It's just a (potential) piece of the legal pie.
In this week's episode, you'll learn:
1. How LLCs play out in the event of a lawsuit
2. The legal problems where LLCs don't matter at all
3. Why creating an LLC is just half the battle
⭐️ Register for the free Mythbusting Workshop by clicking here ⭐️
DISCLAIMER: Although Bonnie is an attorney she doesn’t give legal advice without a dually signed engagement agreement. All episodes of Good Bones are educational and informational only. The information discussed here isn’t legal advice and isn’t intended to be. The information you listen to here isn’t a substitute for seeking legal advice from your own attorney
© 2021-2022 Bonnie Galam LLC | All rights reserved | Any use of this intellectual property owned by Bonnie Galam LLC may not be used in connection with the sale or distribution of any content (free of paid, written or verbal), produce, and/or service by you without prior written consent from Bonnie Galam LLC
DISCLAIMER: Although Bonnie is an attorney she doesn’t give legal advice without a dually signed engagement agreement. All episodes of House of Horrors are educational and informational only. The information discussed here isn’t legal advice and isn’t intended to be. The information you listen to here isn’t a substitute for seeking legal advice from your own attorney
© 2021-2025 Bonnie Galam LLC | All rights reserved | Any use of this intellectual property owned by Bonnie Galam LLC may not be used in connection with the sale or distribution of any content (free of paid, written or verbal), produce, and/or service by you without prior written consent from Bonnie Galam LLC
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