The 21 Biggest Asset Protection Pitfalls Entrepreneurs Should Avoid to Protect Their Business
Here's What You'll Get:
- 5 Days of Live Virtual Step-by-Step Asset Protection Training from Scherrie L. Prince, JD, MBA
- Exclusive Access to the Play Big Faster Facebook Group
- Recordings Available for 23 Hours Each Day
The Breakdown:
Day 1: Essential Elements in Asset Protection Planning
On the first day, you will learn how to identify, inventory, and classify your business assets:
- Define Your Needs: New/Scaling Business, Divorce, Retirement, etc.
- Begin With the End in Mind: Asset Classification 101
- Identify Components Needed for Your Estate Plan: Will, Trust, POAs
Day 2: Define The Best Business Structure To Protect Your Assets
On the second day, you will learn how to peel the onion to identify how your niche affects your business structure:
- Compare Sole Proprietorship, C Corporation, S Corporation, and Nonprofit Structures
- Contrast: Multiple Entities, Holding Companies vs. Operating Companies
- Consider the Use of Trusts
Day 3: How to Leverage Corporate Liability
On the third day, you will understand why your asset protection planning must extend beyond protecting physical assets and how to leverage intangible assets:
- Identify Intellectual Property as a Business Asset
- Inventory Copyrights, Trademarks & Service Marks, Trade Secrets, and Patents
- Improve Classification of Corporate vs. Personal Assets
Day 4: Asset Protection Pitfalls to Avoid
On the fourth day, you will discover why combining business planning, estate planning, and asset protection planning produces some of the best defenses you have against probate, third-party claims, lawsuits, and other misfortunes:
- Reveal Internal and External Company Threats
- Risk Transfer and Lawsuit Avoidance as Asset Protection Tools
- Discover How Bankruptcy Affects Your Asset Protection Plan
Day 5: Countdown to Maximum Asset Protection
On the fifth day, you will learn why contrary to popular belief, in order to get to where you want to go in life you need multiple plans, each intended for a specific area of your life:
- Determine the Level of Asset Protection You Require
- Discuss Common Asset Protection Tools
- Distinguish Between Short-term and Long-term Planning Strategies
ALSO...
- Exclusive Access to the Play Big Faster Facebook Group
- Recordings Available for 23 Hours Each Day
Disclaimer: This forum will give you actionable steps to protecting your personal and business assets. Results are not guaranteed or typical. In fact, a lot of hard work is involved.
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