Anonymous Trusts and Asset Protection


[00:08] Rich people employ asset protection specialists to be able to make sure that their wealth is preserved from any particular lawsuit and that’s when I talked to you about today is about how do we protect the assets and hide them for people. Being able to find out about the way that we do this is by using anonymous trust. You already know about the LLC and the protections that an LLC is going to give you in terms of anybody trying to sue you and get you your assets, which you might not know is that as a matter of public record and traditional filing that you would do off of a one of these websites or perhaps through uh, any type of average CPA or attorney is that now everybody knows what you’re LLC is? Well, what we use is a trust.

[01:00] You can use a trust to be able to own the LLC well trust or private documents so nobody would be able to find out who actually owns that trust, where the beneficiary of the trust assets, you can own the LLC anonymous. You also know that the ultimate goal of actually having this LLC is to hold the asset. Your ultimate goal for this piece of property. This piece of property has a deed, and on that deed it says who owns it? Well, if that’s your LLC and people could connect up to your company’s structure, if it’s you, now they know that you own it. That’s your worst case scenario, but you might have not known that a trust itself can actually be the title holder to the property. This keeps anybody from being able to connect your property to your company. So in effect, you have complete anonymity. Nobody can find out who owns your company and nobody can find out who owns your property. I need to Scott Royal Smith and I’m an asset protection attorneys, specialize in real estate and real estate. Invest in myself and I’d like to help you.

[02:13] Hey, thanks for watching this video. If you want more high quality content just like this, you can find it here in our youtube channel are going to our website, royal legal we have a ton of free content from our blogs or videos, the podcasts that I had been featured on. Whatever question you have, we’re going to have it there for you or you.

Scott Royal Smith is an asset protection attorney and long-time real estate investor. He's on a mission to help fellow investors free their time, protect their assets, and create lasting wealth.

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