Our guest, Kevin Day, is one of the leading estate planning and international asset protection planning attorneys in the United States. In this episode, Shannon and Kevin discuss the difference between a revocable and irrevocable trust, how an irrevocable trust protects your assets, offshore trusts, and how to gain control of your assets.

1:45 Kevin’s Background
5:45 Why do we need protection? Where do you need to go?
14:46 What is an irrevocable trust?
21:37 What is an active trust?
28:51 Shannon’s lawsuit-proof business structure
41:21 The Hague Convention on Trusts
46:46 Kevin’s advice for people who want to get into asset protection


*QUOTE:*
_“By doing the work up front, you could really simplify your life.”_


*About Robnett’s Real Estate Run Down*
With over 27 years in the real estate industry, Shannon shares actionable advice on wholesaling, fix and flips, single-family, multi-family, and more. Hear real people talk about all facets of the market, including analysis, challenges, management, and investment successes. Every conversation provides the foundation for a thriving career.

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*GUEST BIO*

Kevin L. Day is one of the leading estate planning and international asset protection planning attorneys in the United States. Mr. Day’s Bachelor’s Degree is in Chinese Studies, and he holds a Master of Business Administration in International Management and Doctor of Jurisprudence degree. He was a university academic administrator for eight years, a law professor at the doctorate level, and a law school Dean of Students before entering private practice. In addition to his legal expertise, Mr. Day brings his extensive business knowledge as an MBA in International Business to his law practice.

Mr. Day is admitted to practice law in the California Supreme Court; U.S. Southern District Court, California; U.S. Court of Appeals, 9th Circuit; U.S. Central District Court, California; U.S. Court of International Trade; U.S. Tax Court, Washington D.C.; U.S. Court of Appeals, Federal Circuit; and United States Supreme Court. Mr. Day is a member of the California Bar Association, the Offshore Institute, the International Tax Planning Association, and the American Bar Association’s sub-section on Asset Protection.

Attorney Day is the co-author of four books: Lawsuits, Taxes & Asset Protection, Offshore Money Strategies, The Privacy Guide and the Ultra-Privacy Guide. He has also co-authored five audio-courses: Offshore Tax Havens, International Asset Protection Trusts, Golden Parachutes for Business Owners, Offshore Money Strategies, and How To Disinherit Uncle Sam. Additionally, he has written many articles relating to estate planning, offshore tax havens, asset protection and captive insurance formation.

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