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Does The Corporate Transparency Act Destroy Anonymity?
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One common question we get all the time is: "Does the Corporate Transparency Act destroy your anonymity when using Wyoming LLCs or nominees in land trusts?"
The answer is NO. The Corporate Transparency Act, managed by FinCEN (the financial crimes division of the Treasury), does not make your data public. Just like you can't pull someone’s tax returns, the information FinCEN collects isn't publicly accessible.
So rest assured, your anonymity with Wyoming LLCs or land trusts remains intact. Your asset protection plan will still be strong and effective.
#AssetProtection #CorporateTransparencyAct #LLCs #RealEstateInvesting #WyomingLLC #LandTrusts #Anonymity #FinCEN #FinancialSecurity
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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.