Dustin and Adam explore the often-overlooked world of asset protection for real estate investors and high-income professionals. They break down the key difference between control and ownership, explaining how properly structured trusts and LLCs can create legal barriers that protect your assets without sacrificing your ability to manage them day-to-day.

The conversation covers why living in America (where anyone can sue anyone for anything) makes asset protection especially relevant, addressing scenarios from slip-and-fall accidents at rental properties to car accidents and disgruntled business partners. They explain equity stripping, how asset searches work, and why making yourself look “broke on paper” can discourage frivolous lawsuits before they even begin.

They also share observations about their network, noting the spectrum from ultra-wealthy investors with incredibly complex structures to experienced operators who own large apartment buildings in their personal names. They discuss the personal judgment call each investor must make about whether the peace of mind and formalized planning is worth the setup costs.

Episode Release Notes & Resources:

• Asset protection whitepaper: assetprotection@wealthindependencepod.com
• Dustin & Adam’s asset protection attorneys: Tresp, Day & Associates – https://www.trespday.com

Watch episode on YouTube: https://www.youtube.com/watch?v=gIGtdY64V1U

See all Wealth Independence episodes at https://www.wealthindependencepod.com

Connect with Dustin:

• Big Spring Capital
• LinkedIn (/in/TheDustinBailey)
• Twitter/X (@TheDustinBailey)

Connect with Adam:

• Bidwell Capital
• LinkedIn (/in/AdamJPenn)

This show is for informational purposes only and is not financial, investment, legal, or tax advice, and does not constitute an offer to buy or sell securities. All investments carry risk, and investors should always conduct thorough due diligence and consult with qualified professionals before investing.