This is a special episode because we're going to talk about asset protection, but not asset protection from the basics. We're going to get a little more advanced. So I wanted to bring a guest back on that ahead a few years ago, and he is a very smart guy. He's actually one of Robert Kiyosaki's Rich Dad advisors. In fact, he's Robert Kiyosaki's asset protection attorney, a very smart guy that can talk to you about corporate governance and the different states and how they apply to asset protection and how to set up your structure and what to do. What not to do the thing is is none of us want to ever be in a lawsuit and nobody wants to get sued. But the problem, I think some people run into is they know they need to put an asset protection plan in place and they put it off, but they understand why they need it.

And then the day comes where they get into trouble, or they have some sort of lawsuit crop up and they realize, Oh my, I didn't put an asset protection plan in place, or I didn't protect a particular asset or I kind of dried my feet and this is something I should have done. The reality is is that it is not complicated to set up. It doesn't take a long time. It is not an expensive thing to do. And it really is a lot of simplicity. It's mostly paperwork and a couple of formalities and just some renewals that you do every year. And really your attorney can take care of that. You don't even have to do it. You could just put it in your calendar, so you know about it, but what happens if you don't have that in place? So I wanted to bring Garrett Sutton on today and talk to him about some of the stuff about asset protection, and also ask him a few more advanced questions as it relates to asset protection planning and what people should do, and maybe the land mines they step on and the pitfalls they fall into along the way.

So maybe, you know what is the biggest mistake? Let's talk about that. So with that, let me bring my guest on, and I hope you enjoy this episode. And if you haven't subscribed to the show already, please go ahead and do that and let's get started.

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All right, guys, it's my pleasure to introduce a very special guest today. It's Garrett Sutton and Garrett has been practicing corporate law for more than 35 years. He's assisted entrepreneurs and real estate investors around the world and protecting their assets, maximizing their financial goals through his two companies, corporate direct and Sutton Law Center, as you probably know, is a highly sought after guest speaker. And he serves as a member on the elite group of rich dad advisors for the bestselling author, Robert Kiyosaki, and with that Garrett, welcome to the show.

Thanks, Marco. Good to be with you again.

It was great having you back on, it's been, I think a couple of years since I've had you on. So you are long overdue and the whole topic of corporate governance and asset protection never goes away. It's something that we just deal with, whether foreground or background all the time, especially if you're a business for a real estate investor. So let's get into that maybe a little bit more advanced stuff today. And I know you can talk for hours about this, but we're not going to torture you like that.

Torture your listeners.

Torture them either. Let's start off with you. Most people, I think know who you are or at least I've heard of you.