Asset Protection
Asset protection comes in many forms and where there’s no “one size fits all” strategy for everyone’s needs, most strategies contain common elements. The first thing to consider when protecting yourself from a lawsuit is determining where a lawsuit is likeliest to come from. Like building a medieval castle, we want to erect our strongest and tallest walls toward our enemies. Generally our first layer of defense is to separate ourselves from our high liability assets, such as rental properties, heavy equipment, etc. By isolating these “dangerous” assets inside business entities we separate ourselves from the liability they can create. In turn, should you be the target for a lawsuit, your business assets are protected from your personal liabilities. Properly structured corporations and LLCs are the foundation of any legitimate asset protection strategy. Once your foundations are in place you can begin building your castle fortress by implemented strategies that provide you privacy, tax minimization, asset diversification, encumbrances, estate planning and so much more.
Why should I incorporate?
- Asset Protection—Limit your liabilities—Reduce your profile to predatory lawsuits.
- Separation of personal and business assets.
- Anonymity—Power of Privacy
- Greater profits through tax minimization.
- Ownership options—ownership easily transferred.
- Fantastic estate planning component.
When should I incorporate?
- If you operate a business (including home-based or part-time business) or if you’re in the process of starting a new business.
- Entering into a business partnership or purchase of a high risk asset (boat, plane, etc.)
- For the purchase or holding of investment real estate (LLC recommended).
- Prior to an event that could lead to a lawsuit… Better a year too early than a day too late.
Where should I incorporate?—Nevada of course!
- It is not required that you incorporate your business in the state in which it operates (Foreign qualification may be required).
- A state with the greatest level of corporate "veil" protection.
- A state with minimal amount of reporting requirements.
- A state well known for its "pro-business environment".
How to "Bullet-proof" your entity
- Properly forming the right entity for your needs in a preferred jurisdiction.
- Sufficient capitalization of your entity.
- Ensuring your entity meets or exceeds the "business nexus" requirements.
- Maintaining all necessary internal corporate formalities
- Following the By-Laws / Operating Agreement of your entity
- Keeping your business transactions at "arms length".
- Planning two steps ahead.
- Practicing the power of privacy.
- Business Updates. More...
- Foreclosure Updates. More...
- Investors legally creative with IRA Funds
Savvy investors have been setting up a Self Directed-IRA LLC to control retirement funds for stock, commodity & real estate. Set up correctly it is effective but there are certain precautions. More...
NEWS
- Corporate Nevada Exclusive "Fly-In" Plan.
- With pre-paid "Ultimate Privacy Package", Corporate Nevada will fly you in to see your Nevada office and staff in Tahoe. Some restrictions apply; please ask for details.
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(Corporate Nevada does not endorse any product offered on external links)
Powerful Asset Protection & Business Development For All 50 U.S. States.
60% Will Fail. National Law Review estimates over 60% of privately held corporations won't protect their owners if challenged. Piercing the corporate veil has become one of the highest forms of corporate litigation today. Don't fail to do it right.
It's typically not what you know but what you don't know that puts you at risk. Be sure it's done right from the start to meet your particular needs and maximize benefits. Know what's Best before filing.
Properly incorporating for full compliance and protection is not an off the rack or one size fits all commodity. Basic kits, blank forms and registered agent virtual offices won't get it done. There are always required procedures, formalities and nexus with different multi state qualifications and taxation laws. What you don't do right can hurt you.
Corporate Nevada is America's premier Nevada and multi-state private incorporation fulfillment service. Don't throw good money after bad. Do it right with our complete fulfillment service. Bonded and insured with incorporation, bookkeeping, private banking, payroll and much more to assure success.
Big or small, in any state and most countries, your corporation can and will protect you when properly structured and formalities are maintained. Call 800-344-1294 now to let Corporate Nevada’s highly trained staff help you ensure your Corporation or LLC is always in compliance. That IS Doing It Right.
60% Will Fail!
The National Law Review estimates 60% of all closely held corporations would fail to protect their owners from liability if ever challenged in a court of law. It has also been reported piercing the corporate veil has become the highest form of corporate litigation today.
In most cases an attorney is able to pierce your corporate veil by simply proving you and the Corporation are not actually separate from each other but are in fact one. They will argue that your Corporation is nothing more than your alter-ego by showing you haven’t maintained proper formalities or kept its business transactions at arms-length. Few corporate owners realize there is just one standard of operation for all corporations regardless of their size, number of owners or directors.
Big or small, your corporation can protect you when properly structured and formalities are maintained. Call us today and let Corporate Nevada’s highly trained staff help you meet those standards and ensure your Corporation or LLC is always in compliance.
Protect Your Real Estate!
Even in today’s depressed real estate market, your investment property can be one of your greatest assets. The need to protect your real estate from creditors and predators is greater than ever before. This can be accomplished through the strategy of privacy and separation.
The Nevada Limited Liability Company is by far your best option when holding investment real estate. It combines the power of privacy, by keeping your name off title, and as a separate legal entity, you have a shield of liability protection. Many times, those with multiple rental properties will place each property in a separate LLC to insulate it from possible lawsuits caused by another property.
To learn more on how simple it is to operate an LLC, contact us today at 800-344-1294.
