Does a solo mom with limited means need asset protection strategies?
The only answer is, yes!
In this conversation, Scherrie Prince, an attorney, coach, and speaker, discusses the importance of asset protection for entrepreneurs, particularly solo moms and mompreneurs.
She explains how protecting personal and business assets can create a secure foundation for the future. Sherrie shares her personal experiences and what motivated her to become an asset protection coach.
Scherrie provides three tips for solo moms to protect their assets and emphasizes the need to regularly do an asset checkup and update important documents.
Scherrie also explains her role as an asset protection coach and how she helps clients create a unified plan. She concludes by encouraging listeners to start their asset protection plan today.
Takeaways
• Protecting personal and business assets is important to protect your interests and ensure a smooth transition in case of unforeseen circumstances such as death or incapacitation
• One way for solo moms to protect their assets is to regularly review and update their beneficiary designations and important documents to protect their assets. (e.g. is your ex still a beneficiary on your life insurance?)
• An asset protection coach can help individuals create a unified plan and work with their existing team of professionals to optimize their asset protection strategies.
• Asset protection is not limited to those with significant wealth; everyone can benefit from having a plan in place to protect their assets.
• Recognize that you already may have a financial team (bank, insurance agent, tax preparer, etc.)
05:00 Three Tips for Solo Moms to Protect Their Assets
Connect with Scherrie: Website (https://scherrieprince.com) | LinkedIn (https://www.linkedin.com/in/scherriespeaks/) | Facebook (https://www.facebook.com/scherrie.prince.1)
Bio: Scherrie L. Prince is an attorney and asset protection coach who teaches entrepreneurs how to merge their business plans with their estate plans to create a moat around their assets. For over a decade she has taught, led, and counseled entrepreneurs at every phase of their business. Scherrie has the keen ability to deliver uncommonly original and useful tools in a dynamic and engaging way. She brings to your audience experience in asset protection, estate planning, and business planning.
Don't parent alone. Our stories are similar it's just the details that are different. I'm here for you if you want to talk. Book a chat and let's see how we can help each other: http://tinyurl.com/yc5t8bwc
This podcast is hosted by Captivate, try it yourself for free. (https://www.captivate.fm/signup?ref=jenniferfrancis1)
#SoloMomAssetProtection #ProtectYourBusinessandFamily #EssentialAssetProtectionTipsforSoloMomsandEntrepreneurs #SecureYourFinancialFuture #AssetProtectionStrategies #FinancialPlanningandAssetProtection #FinancialPeaceofMind #Leavealegacy #LegalandFinancialPlanning #SafeguardYourLegacy #AssetProtectionEssentialsforMompreneurs #EmpoweringSoloMomswithFinancialKnowledge #singleparentresources #estateplanning #lifeinsurancetips #wealthprotectionformompreneurs #SherriePrince
Mentioned in this episode:
Don't Parent in Silence
Hello Solo Moms. As a solo mom of three adult sons, I understand the challenges you face on a daily basis. As a mentor, my mission is to help you shift your mindset and empower you to take control of your life, to see yourself as God sees you. I know that unresolved trauma can be a heavy burden to carry and parenting alone can be a lonely journey, but it doesn't have to be that way. I want you to know that you are not alone. You have the strength and resilience to overcome your challenges and create the life you desire.
Speaker 1: 0:41
I want to help you to make the effort to tackle unresolved trauma and change your perspective so you can live the life you deserve. I offer complimentary consultation where we can discuss how to move forward, create a plan to help you heal and empower you. You can schedule a consultation by emailing me at jen@jrosemarie.com or by calling + 1-917-994-1329 (WhatsApp), or schedule a consultation with the link below. I am here for you and I want to help you take the first step toward healing and empowerment. Don't let unresolved trauma hold you back any longer. Don't parent in silence. Take action today and let's work together to empower you to live the life you desire. Thank you.
This podcast uses the following third-party services for analysis:
Podcorn - https://podcorn.com/privacy
