Real Estate investors are quite often focused on acquiring assets and building their portfolios. But how often do we stop to think about our 'end game', and when and how we'd like to wind down our investments?
Transition Planning is an important part of every investor's game plan, and having a team that consists of a real estate attorney, CPA, and financial planner can be very helpful in putting this plan in place.
Bobbi S. Hines is an attorney, and a member of Kreis Enderle's Estate Planning and Elder Law Practice Group, and she's in the studio today to discuss transition planning for real estate investors.
We'll be talking about the different transition options investors and business owners consider, how you should be planning your transition plan now, and the mistakes people make in laying the groundwork for their transition plans that can have disastrous consequences for their business and their heirs.
Bobbi will also be teaching the RPOA's "Transition Planning for Real Estate Wealth" course at the RPOA's Grand Rapids office on Tuesday, June 19th @ 10am. You can register for this class by going to www.rpoaonline.org.
You can also contact Bobbi directly by email or phone:
There's a lot of great information packed into this episode that every investor and business owner should be considering and planning for. Enjoy!