Shielding Your Wealth: Asset Protection Strategies in New York

Episode Summary:

In this informative episode, host Kevin Rosenquist and expert Natalia Sishodia discuss comprehensive asset protection strategies for New York real estate and wealth management. Natalia breaks down common misconceptions about asset protection, explains various protection methods, and shares real-world examples of both successful planning and cautionary tales.

 

Key Timestamps:

00:00 - Show Introduction

00:38 - Defining Asset Protection and Common Misconceptions

02:17 - Types of Vulnerable Assets

03:30 - LLC Advantages and Disadvantages

04:53 - Protecting Assets from Future Creditors

05:50 - Asset Transfer Implications and Family Trust Considerations

07:58 - Frequency of Strategy Reviews

09:33 - Benefits of Asset Protection for Heirs

 

About the Show:

Affluence and Advocacy: New York Real Estate Law with Natalia Sishodia is a podcast providing expert insights into New York City's complex property market. The show caters to high net worth individuals, foreign buyers, and anyone navigating NYC's real estate landscape.