How to Avoid Exposing Your LLC to Creditors (Anonymity Planning)

I'm a strong proponent of setting up structures where your using an entity that's been set up in Wyoming or Delaware to hold of your business interests. You need to take as many steps as you can to keep your business private as possible.

What you need to know about how to avoid exposing your LLC to creditors is covered in this video.

Questions or requests for a video topic are always welcome!
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ABOUT CLINT COONS

Clint Coons, Esq. is one of the founding partners of Anderson Law Group, Clint has grown his legal and tax firm to over 400 employees by assisting real estate investors with creating and implementing solid entity structuring plans. His success in these regards is in large part due to his personal investing experience. A successful attorney, real estate investor, and speaker, Clint has used his innovative and dynamic strategies coupled with knowledge borne from experience to help thousands of people save millions of dollars and build real wealth.

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The information provided in this video should not be construed or relied on as legal advice for any specific fact or circumstance. Its content was prepared by Anderson Business Advisors with its main office at 3225 McLeod Drive Suite 100 Las Vegas, Nevada 89121. This video is designed for entertainment and information purposes only. Viewing this video does not create an attorney-client relationship with Anderson Business Advisors or any of its lawyers. You should not act or rely on any of the information contained herein without seeking professional legal advice.

#Anonymity #Businessplanning

[LifeUnlocker]

1:15 serious 1:55 wyom 2:45 managed 4:30 who is the registered agent 5:15 5:35 who is incorporator/organizer 6:55 business address 7:30 address lookup 8:30 9:15 look at the small things

[Hans_Magnusson]

1:50 my business is my business…

I love that statement!

[kevingillies]

Clint It would be amazing to see a video on the banking aspect and corporate compliance on that exact structure. As what LLC needs accounts and how money moves through them.

[stevenbingham]

The devil is ALWAYS in the details, but one thing I love that Clint pointed out in this video is the fact that often in these types of videos the presenter is presenting concepts, techniques and tactics. This is NOT the same as giving you a step-by-step breakdown that you can run right out and try to implement on your own.
Rather, learn and understand the basics of these concepts, techniques and tactics so you can THEN reach out to the appropriate professionals who can help you navigate the details and set things up correctly per your objectives! Thanks again Clint!!

[Creed]

*Clint Coons* is the GREATEST on Youtube for Business related videos. 90% of the information in this video I had no idea about

[betserv.]

In your example, Wyoming LLC is still under the jurisdiction of the US judge. What if you replace Wyoming LLC with a foreign country LLC like Nevis LLC that owns the US LLCs? I suppose, the judge cannot seize the Nevis LLC? Plus, Nevis doesn't disclose the name/owner of the Nevis LLC. Wouldn't that be a better setup?

[Antigone-ypht]

I definitely need you to help me when I buy my rentals. Listening to you again. Thanks for all the great videos. I save them for future reference.

[seeyouthere]

Thanks for this! This covered a new layer of info I have been searching for. It's helpful to understand how the nuances may expose your info without you knowing it! Would also be good dive into this further. Things like who should sign the annual reports and amendment forms without exposing your identity, how to properly transfer title without trigger transfer taxes, etc., and what addresses you should use on the forms and if that is across all LLCs or per LLC. I would also love to know more about what other things creditors can and cannot find out about you.

[lisakeene]

I had NO IDEA. oh my so thankful you waltzed across my feed. More....

[NoxturnalArt]

so basically i can have florida llc owned by wyoming llc and use your wyomig principle business address in florida article of incorporation llc even if properties are in florida
thanks

[organizer]

It would be useful to know how to do the accounting for the local red LLC when it is owned by blue Wyoming holding LLC. Also how to register local LLC with local tax agency. Many thanks for all your useful training!

[CianTv]

How do u file for a DBA in the state of Florida and remain anonymous? A lawyer told me it has to be ur managing member that signs for that

[NiOko]

Greatest video out to walk you through the process AND tell you how others have gone wrong. Thank you!

[tomk]

As I read the various comments below that folks have about existing LLC structures and especially the tax burden from the IRS. I completely understand why many real estate investors that have major dollars invested move their money to off shore islands that are tax havens as well as other protection too.

[terrycrawford]

6:30 Since title will be held by MyTrustee LLC, how important is it not to use my own name (Terry) as the "Organizer" for the in-state beneficiary LLC (e.g. "LoveCal, LLC")? The identity of the LoveCal LLC is not disclosed anywhere except in the Assignment of Beneficial Interest document (which is private) where I assign Terry's beneficial interest to LoveCal LLC after I've deeded my property to my Trust with MyTrustee LLC as Trustee. There would be no reason for anyone to look into LoveCal LLC because it's not on title and it's not even in the Land Trust. Thanks in advance

[dasfahrer]

This is the only video I've found that has addressed all of this. Thanks for posting, it was immensely helpful!

[InfiniteVelocityUSA]

Great video. Make sure not to create a DBA with the first LLC or it will disclose the name and break anonymity.

[faizmen]

Great Content, you answered quite a few questions I previously had. Thank you for your time and awesome content.

[darlene]

He said, "if you're using legal doom instead of legal zoom." 🤣

[dennislagace]

As always, great content. There is understanding what needs to happen, and then there is the expertise to execute it. Get an expert!

Is the video about avoiding Due on Sale still coming?