How to Make Money and Protect Assets Using LLC’s

Posted on Jul 25 2018 - 6:28pm by Lance Edwards

924823-600Description: Are you a small business owner or thinking about starting your own business? Protecting your business and yourself is something every person working for themselves needs to consider. Host Jordan Goodman talks with Attorney Lee Phillips, founder of Legalees and LLC Wizard, about the hows and whys of using LLCs to protect yourself, protect your assets, and increase your take home income. Phillips and Goodman talk about what a LLC is, why everyone in business should consider having one, and what to look for when setting up a LLC. Phillips explains how a properly set up LLC can help preserve take home income including techniques to help cut your adjusted gross income and take home more money.

Guest Bio: Attorney, Lee R. Phillips, will teach you how to reposition yourself in the law so that you can go out and make more money than you have ever thought possible. You will be amazed at how a good knowledge of the law will actually let you make more money.  In today’s lawsuit happy society, making it isn’t enough.  You also have to know how to protect your wealth, or someone will take it away from you.  It might be your tenants, the IRS, the government regulations (like lead paint) or some greedy lawyer.  Unless you are shielded, everything you have can be lost. Lee is a counselor to the Supreme Court of the United States and an engaging speaker. He will walk you through how to make it and how to keep it using the tools of wealth.  Nobody ever gets rich without an understanding of the tools that create wealth and protect it.

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Jordan E. Goodman is “America’s Money Answers Man” and a nationally-recognized expert on personal finance. He is a regular guest on numerous radio and television call-in shows across the country, answering questions on personal financial topics. He appears frequently on The View, Fox News Network, Fox Business Network, CNN, CNBC and CBS evening news.

For 18 years, Jordan was on the editorial staff of Money magazine, where he served as Wall Street correspondent. While at Money, he reported and wrote on virtually every aspect of personal finance. In addition, he served as weekly financial analyst on NBC News at Sunrise for 9 years and the daily business news commentator on Mutual Broadcasting System’s America in the Morning show for 8 years.

He is the author / co-author of 13 best-selling books on personal finance including Master Your Debt Fast Profits in Hard Times, Everyone’s Money Book, Master Your Money Type, Barron’s Dictionary of Finance and Investment Terms and Barron’s Finance and Investment Handbook.

He has also written 6 special focus editions of Everyone’s Money Book on College, Credit, Financial Planning, Real Estate, Retirement Planning and Stocks, Bonds and Mutual Funds.

Jordan is also a speaker and seminar leader on personal finance topics for business executives, students, associations, investment clubs, employees and others.

Master Your Money Type: Using Your Financial Personality to Create a Life of Wealth and Freedom – Hardcover

g7In this extraordinary ground breaking book, personal finance guru Jordan Goodman helps readers classify each individual investor into a ‘Money Type’ and describes how that profile can help anyone attain the wealth they desire.

A former long-tenured Money magazine reporter, he tackles the money issue endemic to Americans according to six psychological types–Strivers, Ostriches, Debt Desperadoes, Coasters, High Rollers, and Squirrels. Each profile is based on the emotional effects of money, whether that involves indifference, its use as a measure of success, or high tolerance of risk.

So these psychological examinations feature strengths as well as weaknesses, initial attitudes and suggested changes, individual/couple financial snapshots and anecdotes in narrative and in sidebars, quizzes, and summaries of actions to take. Names are unusually descriptive; Debt Desperadoes are measured by the number of maxed-out credit cards, whereas Squirrels are averse to any spending no matter the reason.