May 23, 2023
OVERVIEW:
“A company can't produce income without assets. So protecting assets is critical to the survival of every company.” – Hendrith Vanlon Smith Jr
Jason A. Duprat, MBA, CRNA, Healthcare Practitioner, and Host of the Healthcare Boss Academy podcast, talks about Asset Protection and decreasing the risk of being involved in a lawsuit. In this episode, Jason shares real-world scenarios faced by successful but unprepared individuals as well as relevant advice to avoid getting caught up in a similar situation. Tune in until the end to find out who won our special giveaway!
EPISODE HIGHLIGHTS:
- Make your assets invisible to your potential opponent. Here's an example of assets you want to keep hidden: houses, cars, boats, and businesses.
- Decrease the chance that somebody will want to sue you.
- Hire a qualified attorney specializing in Asset Protection. Work with a qualified attorney who specializes in Asset Protection. There are business attorneys who have no experience in Asset Protection.
- If you own businesses, you don't want them directly tied to your name. Paying for a registered agent will keep your name off the Secretary of State's website.
- Take action before you ever get named in a lawsuit.
TWEETABLE QUOTES:
“Nobody's going to ever sue a homeless person because there's nothing to go after. Successful people get sued. The more successful you are, the bigger the target on your back.” – Jason A. Duprat
“Make your assets invisible to your potential opponent.” – Jason A. Duprat
CONNECT WITH JASON DUPRAT:
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RESOURCES:
- Sign up for one of our free business start-up Masterclasses by heading over to https://healthcareboss.org/masterclass/
- Have a healthcare business question? Text me at 386-284-4955, or email me at podcast@healthcareboss.org and I’ll add you to my contacts. Occasionally, I’ll share important announcements and answer your questions as well.
- Do you enjoy our podcast? Leave a rating and review: https://lovethepodcast.com/hea
RELATED EPISODES:
- #132: TACTICAL TUESDAY: PROTECT ASSETS & LIMIT LIABILITIES WITH AN LLC
- #248: ERIC MILLER: BUILD BUSINESS PROFITS, ENTERPRISE VALUE & ASSETS AS A PRACTICE OWNER
- #269: FINANCIAL PLANNING, ASSET PROTECTION, AND HEALTH INSURANCE TALK WITH JACOB BEVILACQUA
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