May 12, 2020
Everything’s fine, everything’s right—until something goes wrong. Are your assets well protected? Is everything set up and structured properly? The first line of defense is always insurance.
Today, I'm talking to Mauricio Rauld, a real estate syndication attorney. Two common themes due to the COVID-19 crisis are people wanting to put together opportunity funds to acquire new assets and then protect them.
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Topics on Today’s Episode:
Links and Resources Mentioned:
Quotes:
“What most people forget is they themselves are these huge liability producing entities—people.” Mauricio Rauld
“What happens if you get sued? Forget about the assets, but you get sued, and now somebody has a judgment against you and wants to go after your asset.” Mauricio Rauld
“The goal of asset protection is to build that barrier between you—the individual—and you—your asset.” Mauricio Rauld
“The key is to separate your liability producing activities—your operating companies—from your asset companies—your holding companies.” Mauricio Rauld
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