This Attorney Protected $11 Billion — Here's What Every Entrepreneur Gets Wrong | Hillel Presser

Description

Free consultation / website: www.assetprotectionattorneys.com — Hillel offers to send complimentary copies of his latest books to anyone who mentions The Entrepreneur DNA. In this episode, I sit down with Hillel Presser, a nationally recognized asset protection attorney who's helped protect over $11 billion in client assets and written six books on the subject. We get into why "it's not what you make, it's what you keep," and unpack the exact strategies the ultra-wealthy use to become "uncollectible" — from owning nothing and controlling everything through LLCs and limited partnerships, to the real difference between revocable and irrevocable trusts, to lesser-known free strategies like tenancy by the entirety and Florida's homestead exemption. Hillel also shares jaw-dropping stats (you're seven times more likely to be sued than to be in a car accident, and there are over 100 million lawsuits filed every year) along with real client stories, from a woman selling dolls at a flea market who got sued for millions, to the risks of golf carts, boats, and jet skis sitting unprotected in your name. Whether you're just starting your first business or you've already built serious wealth, this conversation is a masterclass in protecting what you've worked so hard to build. Topics Covered Why protecting what you build matters as much as building it "Own nothing, control everything" — the core principle for entrepreneurs LLCs, trusts, and holding companies explained simply Revocable vs. irrevocable trusts (and the mistake most people make) Why we live in such a litigious society — and the stats to prove it How to settle lawsuits for pennies on the dollar by being "uncollectible" Personal guarantees: why to avoid them, and what to do instead The 3-step framework to start protecting yourself today Structuring real estate, business income, cash, and crypto the right way Why selling a business is a bigger lawsuit risk than most expect Domestic vs. international protection — who actually needs each State-specific protections (Flo