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Garrett Sutton is the CEO of Corporate Direct and the Sutton Law Center, an asset protection company that provides corporate formation and maintenance services. He is also an 11-time best-selling author and a Lifetime Achievement member of the Top 100 Attorneys. We discuss asset protection laws across different states, corporate formation strategies, and how to use your book to scale your business.
Timestamps
[01:09] Garrett’s journey into entrepreneurship
[02:47] How Garrett turned his law profession into a thriving business
[03:31] Defining asset protection
[07:10] Comparing asset protection laws across different states
[09:10] Practical asset protection strategies
[15:25] Analyzing leverage and management buyouts in today’s world
[17:30] Difference between certified and uncertified security
[19:30] Comparing a member-managed LLC to a manager-managed LLC
[21:43] The benefits of having a resident agent
[25:13] The value of maintaining asset protection entities
[29:00] Why you need to have annual LLC meetings and record meeting minutes
[30:14] Garrett’s go-to books for understanding corporate formation
[32:08] Dissecting C-Corp and S-Corp from a tax perspective
[37:13] Why writing a book establishes you as an expert in your field
[38:08] How to use your book to scale your business
Links and Resources
Garrett’s Book: Loopholes of Real Estate
Garrett’s Book: Start Your own Corporation
Steve’s soon-to-be-published book
https://StevePreda.com