31: Clean up Your Corporation With Garrett Sutton

Garrett Sutton is the CEO of Corporate Direct and the Sutton Law Center, an asset protection company that provides corporate formation and maintenance services. He is also an 11-time best-selling author and a Lifetime Achievement member of the Top 100 Attorneys. We discuss asset protection laws across different states, corporate formation strategies, and how to use your book to scale your business.

 

Timestamps  

[01:09] Garrett’s journey into entrepreneurship

[02:47] How Garrett turned his law profession into a thriving business

[03:31] Defining asset protection

[07:10] Comparing asset protection laws across different states

[09:10] Practical asset protection strategies

[15:25] Analyzing leverage and management buyouts in today’s world

[17:30] Difference between certified and uncertified security

[19:30] Comparing a member-managed LLC to a manager-managed LLC

[21:43] The benefits of having a resident agent

[25:13] The value of maintaining asset protection entities

[29:00] Why you need to have annual LLC meetings and record meeting minutes

[30:14] Garrett’s go-to books for understanding corporate formation

[32:08] Dissecting C-Corp and S-Corp from a tax perspective

[37:13] Why writing a book establishes you as an expert in your field

[38:08] How to use your book to scale your business

 

Links and Resources

Garrett’s Website

Garrett’s LinkedIn

Garrett’s Book: Loopholes of Real Estate

Garrett’s Book: Start Your own Corporation

Steve’s soon-to-be-published book

Steve’s blog

https://StevePreda.com