Love the info! 1. I’m curious about how to protect a Roth IRA. Does it work in the same way, and if so, why would someone not use this method, in regards to a Roth? 2. If a person is of “small means,” with little to no investments and perhaps an emergency / income reserves fund, say of, 3-6 mo expenses, if they needed / wanted to block creditors or liability claims, what could be done about that? What about 1-2 years of semi liquid funds intended for living needs due to special circumstances; widowed with young children, out on worker’s comp - unsure of return, unexpected / projected Illness, injured in an accident or event yourself or immediate family member, in graduate school / residency, part to full-time care of aging parent or other individual? 3. If someone is on disability or a senior with social security, are those protected funds, also from creditors or liability issues? I can see this channel having millions of subscribers, sooner than later. I’ve peppered you with questions, and maybe they are not all a fit for discussion here, but thanks for what ever you can part with and maybe let us know of other ways to source such insights.
If I had a bankruptcy petition filled out and ready to go, why would I pay an unsecured creditor when it's cheaper to make him go back into the line with everyone else in a bankruptcy? It would also be a preference if it's more than a $600 payment 90 days before filing.
For the chart that goes by state that says whether a creditor can seize an ira and roth ira, does it have to do with the state the defendant lives in or where the court case took place? For example the defendant lives in one state and gets into a car accident in another state.
I've watched many of Toby Mathis's videos, and find this one to be most confusing. I don't understand the distinctions being made about an IRA being protected or needing protection from claimants. the 'udfa' was baffling.
Toby.. this is a crime! you make things so easy to understand. may have to take legal actions because you are educating people 🤣. thanks a million. will look into the membership once i can afford 👍
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This chanel deserves more subscriber and likes. This content is really solid gold. Thank you for sharing all your knowledge for free.
My new go-to YT channel. Honestly this is what I should be doing as a career instead of my current position.
Love the info!
1. I’m curious about how to protect a Roth IRA. Does it work in the same way, and if so, why would someone not use this method, in regards to a Roth?
2. If a person is of “small means,” with little to no investments and perhaps an emergency / income reserves fund, say of, 3-6 mo expenses, if they needed / wanted to block creditors or liability claims, what could be done about that?
What about 1-2 years of semi liquid funds intended for living needs due to special circumstances; widowed with young children, out on worker’s comp - unsure of return, unexpected / projected Illness, injured in an accident or event yourself or immediate family member, in graduate school / residency, part to full-time care of aging parent or other individual?
3. If someone is on disability or a senior with social security, are those protected funds, also from creditors or liability issues?
I can see this channel having millions of subscribers, sooner than later. I’ve peppered you with questions, and maybe they are not all a fit for discussion here, but thanks for what ever you can part with and maybe let us know of other ways to source such insights.
If I had a bankruptcy petition filled out and ready to go, why would I pay an unsecured creditor when it's cheaper to make him go back into the line with everyone else in a bankruptcy? It would also be a preference if it's more than a $600 payment 90 days before filing.
For the chart that goes by state that says whether a creditor can seize an ira and roth ira, does it have to do with the state the defendant lives in or where the court case took place? For example the defendant lives in one state and gets into a car accident in another state.
I've watched many of Toby Mathis's videos, and find this one to be most confusing. I don't understand the distinctions being made about an IRA being protected or needing protection from claimants. the 'udfa' was baffling.
love love love your videos!!!!
Does SAP IRA works the same?
Toby.. this is a crime! you make things so easy to understand. may have to take legal actions because you are educating people 🤣.
thanks a million. will look into the membership once i can afford 👍
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