Privacy and asset protection go hand in hand. The
But we have to be careful in this area. There is a lot of misinformation on the internet about privacy strategies. You simply cannot believe everything you read. You have to be clear about how privacy really fits into your asset protection plans. Privacy through a land trust offers no asset protection.
Privacy through the use of a nominee without the protection of an LLC offers no asset protection. First and foremost you will use a strong asset protection entity like a Wyoming LLC. Wyoming offers the added privacy benefit of not listing your name on the internet as a member or manager of that LLC. If you want that privacy with a Nevada LLC or corporation we offer a nominee service whereby someone other than yourself is listed. With these
This is good.
But it is not always enough. A tenant
Your first step is the asset protection afforded by an LLC or LP. The added privacy of a Wyoming LLC or a nominee in Nevada is even better. But if you end up in court and are obligated to tell the truth privacy offers no protection. At that
Feel free to discuss your privacy and asset protection strategies with us at Corporate Direct.
For more information or to get started, call 800-600-1760.