Smart Asset Protection Strategies to Transform Your Legacy w/Scherrie Prince

Does a solo mom with limited means need asset protection strategies?

The only answer is, yes!

In this conversation, Scherrie Prince, an attorney, coach, and speaker, discusses the importance of asset protection for entrepreneurs, particularly solo moms and mompreneurs. 

She explains how protecting personal and business assets can create a secure foundation for the future. Sherrie shares her personal experiences and what motivated her to become an asset protection coach. 

Scherrie provides three tips for solo moms to protect their assets and emphasizes the need to regularly do an asset checkup and update important documents. 

Scherrie also explains her role as an asset protection coach and how she helps clients create a unified plan. She concludes by encouraging listeners to start their asset protection plan today.

Takeaways

• Protecting personal and business assets is important to protect your interests and ensure a smooth transition in case of unforeseen circumstances such as death or incapacitation
• One way for solo moms to protect their assets is to regularly review and update their beneficiary designations and important documents to protect their assets. (e.g. is your ex still a beneficiary on your life insurance?)
• An asset protection coach can help individuals create a unified plan and work with their existing team of professionals to optimize their asset protection strategies.
• Asset protection is not limited to those with significant wealth; everyone can benefit from having a plan in place to protect their assets.
• Recognize that you already may have a financial team (bank, insurance agent, tax preparer, etc.)

05:00 Three Tips for Solo Moms to Protect Their Assets

Connect with Scherrie: Website | LinkedIn | Facebook

Bio: Scherrie L. Prince is an attorney and asset protection coach who teaches entrepreneurs how to merge their business plans with their estate plans 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.

Don't parent alone. Our stories are similar it's just the details that are different. I'm here for you if you want to talk. Book a chat and let's see how we can help each other: http://tinyurl.com/yc5t8bwc

https://solomomstalk.mysites.io/podcast-2-copy/smart-asset-protection-strategies-to-transform-your-legacy-w-scherrie-prince

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