Mark Kohler outlines a three-part asset protection setup: a rental property in its own LLC, an operating business taxed as an S corp, and both owned by a revocable living trust. This structure separates and shields wealth across holdings, operations, and estate planning.
A trifecta is a way of looking at your overall structure to make sure it's done properly. In this example, I wanted the holdings on the right-hand side where the rental property is with the proper LLC in the state where the rental is. And then on the left side, I have my operations. That's where I'm going to have my LLC that'll eventually be taxed as an S corporation. Both of those would be owned by my revocable living trust. The last leg of the stool, the trifecta. Holdings, operations, trust. Now I'm getting the benefits of 3 types of structures and it makes sense and it's organized.
The secret to managing your family's future #financialfreedom #estateplanning #shorts
Moving Property to an LLC: What They Don't Tell You #realestate #investing #tips
