Asset protection is invaluable, especially for business owners. Shannon is joined by Blake Harris, an expert attorney specializing in offshore trusts. Dive deep into the intricacies of asset protection trusts, understand the benefits of offshore trusts in places like the Cook Islands, and why this strategy is not just for the ultra-wealthy.

 

Discover how proper asset protection can safeguard your wealth from lawsuits, divorce, and unexpected liabilities, and why planning ahead is crucial. Blake shares insightful examples, debunks common misconceptions, and provides actionable steps for business owners and individuals looking to explore this strategic financial move. Tune in for a masterclass on protecting what you earn and ensuring your financial future.

 

What you'll hear in this episode:

[0:45] Guest Introduction: Blake Harris

[2:30] Understanding Asset Protection and Trusts

[13:10] The Importance of Offshore Trusts

[17:40] Common Misconceptions and Legal Perspectives

[29:40] Steps to Setting Up a Trust

 

Book your consultation with Blake and his team: https://blakeharrislaw.com/

 

Learn more about our CFO firm and services: https://www.keepwhatyouearn.com/

 

Connect with Shannon: https://www.linkedin.com/in/shannonweinstein

Watch full episodes: https://www.youtube.com/channel/UCMlIuZsrllp1Uc_MlhriLvQ

Follow along on IG: https://www.instagram.com/shannonkweinstein/

 

The information contained in this podcast is intended for educational purposes only and is not individual tax advice. We love enthusiastic action, but please consult a qualified professional before implementing anything you learn.