Episode #179: Mauricio Rauld – 6 Layers of Asset Protection

Asset owners often feel that having insurance on their properties is enough to protect them from any liability but that is simply not the case! Today we are joined by Real Estate Syndication Attorney, Mauricio Rauld to discuss the six layers of asset protection he has created for his clients. Tuning in, you’ll hear about Mauricio’s career, why he believes having more than one layer of asset protection is imperative, why not everyone needs all six layers, and more! He then breaks down the six layers of protection before describing the importance of each and the potential ‘holes’ in them. Finally, he shares his advice about understanding your insurance policy and why he recommends getting an insurance attorney to help you. Thanks for listening in!Key Points From This Episode:Introducing today’s guest, Mauricio Rauld. What Mauricio does and why he is a ‘recovering’ asset protection attorney. Why he likes his clients to have ‘layers’ of protection for asset protection. Breaking down the six layers of asset protection and the potential ‘holes’ in each of them. Layer one: free variety protection. Layer two: Insurance. Layer three: privacy, why it’s important, and some ways to secure it when buying property. Layer four: traditional entity structuring (like an LLC).Layer five: asset protection trust. Layer six: equity stripping. Why not every single asset owner needs all six layers of asset protection. The importance of knowing your insurance policy and potentially using an insurance lawyer. Links Mentioned in Today’s Episode:Mauricio Rauld on LinkedInMauricio Rauld on XMauricio Rauld on InstagramMauricio Rauld on FacebookMauricio Rauld on YouTubeAsset Management Mastery Facebook GroupBreak of Day CapitalBreak of Day Capital InstagramBreak of Day Capital YouTubeGary Lipsky on LinkedInJoseph Fang on LinkedIn