Scherrie L. Prince is an attorney and asset protection coach who teaches entrepreneurs how to merge their business plan with their estate plan to create a moat around their assets. For over a decade she has taught, led, and counseled entrepreneurs at every phase of their business. Scherrie has the keen ability to deliver uncommonly original and useful tools in a dynamic and engaging way. She brings to your audience experience in asset protection, estate planning, and business planning.
What You’ll Learn from this Episode:
- Merging business and estate plans for robust asset protection.
- The importance of creating a moat around assets to shield entrepreneurs from potential risks.
- Cherie’s journey from a successful mortgage broker to law school and her focus on helping entrepreneurs protect their assets.
- Key steps in asset protection, include understanding personal finance, asset inventory, classification improvement, and building a strong asset protection team.
- The role of legacy planning and business succession in asset protection.
- Common case studies of entrepreneurs benefiting from asset protection strategies.
- The psychological reasons entrepreneurs may overlook estate and succession planning.
- The cost of inaction in asset protection and its impact on business growth.
