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Using a “checkbook IRA” is a unique concept that many people employ for their self-directed IRA. A “checkbook IRA” gives the IRA owner the ability to make IRA investments faster and have much more control over the cash in their IRA account for their various real estate investments. Once someone has decided they want checkbook control for their self-directed IRA, they need to decide which type of entity they should establish to gain control- a trust or an LLC.
We are happy to welcome attorney Scott Smith of Royal Legal Solutions, who will help navigate using an LLC or a private trust to gain checkbook control over your IRA funds. Using either an LLC or a private trust is an important decision to make and Scott will go over the pros and cons of each entity for the IRA owner.
Don’t miss this informative webinar!