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SA954 | Protect Your Assets and Maintain Your Entities with Ted and Garrett Sutton

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Manage episode 417494563 series 2798164
Content provided by Seyla and Aileen Prak and Aileen Prak. All podcast content including episodes, graphics, and podcast descriptions are uploaded and provided directly by Seyla and Aileen Prak and Aileen Prak or their podcast platform partner. If you believe someone is using your copyrighted work without your permission, you can follow the process outlined here https://player.fm/legal.

Be ready to learn how to protect your assets and wealth as we’re joined by a father and son duo today, Ted and Garrett Sutton.

Ted and Garrett discuss asset protection, setting up LLCs, its ideal structure for investors, and the rules everyone should follow under the Corporate Transparency Act. Listen ‘till the end of our conversation to know how to protect your investments for the long term!

Key Points & Relevant Topics

  • What is asset protection and how it works
  • Why Wyoming is considered a great place for asset protection and holding LLC
  • How it works when someone has an LLC from a different state
  • The Wyoming LLC privacy and anonymity
  • The ideal LLC structure for investors with multiple properties
  • What is the Corporate Transparency Act and the purpose of this Federal law
  • Reporting of information for an LLC with multiple investors
  • Why understanding the rules under the Corporate Transparency Act is crucial for investors

Resources & Links

About Ted and Garrett Sutton

GARRETT SUTTON has sold more than a million books to guide entrepreneurs and investors. His best sellers include Start Your Own Corporation, Loopholes of Real Estate, and Veil Not Fail. For more than 30 years, he has run his practice assisting entrepreneurs and real estate investors in protecting their assets. The companies he founded, Corporate Direct and Sutton Law Center, currently help more than 14,000 clients protect their assets and maintain their entities, especially under the new Corporate Transparency Act.

Garrett also serves as a member of the elite group of “Rich Dad Advisors” for best-selling author Robert Kiyosaki. A number of the books Garrett Sutton has authored are part of the best-selling Rich Dad, Poor Dad wealth-building book series.

TED SUTTON is a licensed attorney who is the son of Garrett Sutton. Ted was born and raised in Reno, NV. He graduated from the University of Utah with a B.S. in Mining Engineering. During one of his summers, he spent three months working at a mine in Chile. This experience made him realize that legal matters interested him more than engineering ones. After graduating in 2018, he decided to attend law school the following year.

Ted attended the University of Wyoming College of Law. In his third year, he served as the Student Director of the Business Entrepreneurship Practicum, where he helped clients form and maintain LLCs. He graduated in May 2022. Ted is now licensed to practice law in Wyoming and Nevada. Ted has been focused on making sure Corporate Direct’s clients properly file under the Corporate Transparency Act.

Get in Touch with Ted and Garrett

To Connect With Us

Please visit our website www.bonavestcapital.com and click here to leave a rating and written review!

  continue reading

985 episodes

Artwork
iconShare
 
Manage episode 417494563 series 2798164
Content provided by Seyla and Aileen Prak and Aileen Prak. All podcast content including episodes, graphics, and podcast descriptions are uploaded and provided directly by Seyla and Aileen Prak and Aileen Prak or their podcast platform partner. If you believe someone is using your copyrighted work without your permission, you can follow the process outlined here https://player.fm/legal.

Be ready to learn how to protect your assets and wealth as we’re joined by a father and son duo today, Ted and Garrett Sutton.

Ted and Garrett discuss asset protection, setting up LLCs, its ideal structure for investors, and the rules everyone should follow under the Corporate Transparency Act. Listen ‘till the end of our conversation to know how to protect your investments for the long term!

Key Points & Relevant Topics

  • What is asset protection and how it works
  • Why Wyoming is considered a great place for asset protection and holding LLC
  • How it works when someone has an LLC from a different state
  • The Wyoming LLC privacy and anonymity
  • The ideal LLC structure for investors with multiple properties
  • What is the Corporate Transparency Act and the purpose of this Federal law
  • Reporting of information for an LLC with multiple investors
  • Why understanding the rules under the Corporate Transparency Act is crucial for investors

Resources & Links

About Ted and Garrett Sutton

GARRETT SUTTON has sold more than a million books to guide entrepreneurs and investors. His best sellers include Start Your Own Corporation, Loopholes of Real Estate, and Veil Not Fail. For more than 30 years, he has run his practice assisting entrepreneurs and real estate investors in protecting their assets. The companies he founded, Corporate Direct and Sutton Law Center, currently help more than 14,000 clients protect their assets and maintain their entities, especially under the new Corporate Transparency Act.

Garrett also serves as a member of the elite group of “Rich Dad Advisors” for best-selling author Robert Kiyosaki. A number of the books Garrett Sutton has authored are part of the best-selling Rich Dad, Poor Dad wealth-building book series.

TED SUTTON is a licensed attorney who is the son of Garrett Sutton. Ted was born and raised in Reno, NV. He graduated from the University of Utah with a B.S. in Mining Engineering. During one of his summers, he spent three months working at a mine in Chile. This experience made him realize that legal matters interested him more than engineering ones. After graduating in 2018, he decided to attend law school the following year.

Ted attended the University of Wyoming College of Law. In his third year, he served as the Student Director of the Business Entrepreneurship Practicum, where he helped clients form and maintain LLCs. He graduated in May 2022. Ted is now licensed to practice law in Wyoming and Nevada. Ted has been focused on making sure Corporate Direct’s clients properly file under the Corporate Transparency Act.

Get in Touch with Ted and Garrett

To Connect With Us

Please visit our website www.bonavestcapital.com and click here to leave a rating and written review!

  continue reading

985 episodes

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