You don’t have to be rich to preserve your wealth. You just have to make sure you don’t lose what wealth you’ve earned so far to something unnecessary, such as a lawsuit.
And that’s exactly what an asset protection specialist like myself can help you accomplish. By separating your assets and making your holdings anonymous, you’ll never have to worry about another lawsuit again. And that’s exactly what we’re going to talk about today.
Preserve Your Wealth with LLCs & Trusts
You may already know about LLCs and the protections they give you when it comes to lawsuits and money-hungry attorneys. But what you might not know is how you can benefit from using LLCs and trusts at the same time.
Did you know that you can actually use trusts to own LLCs? And since trusts are private documents, nobody will be able to find out who owns the trust, or who the beneficiary of the trust is. (You would be the beneficiary.)
What this means is you can own an LLC anonymously. And yes, you can do a lot to hide ownership of an LLC without a trust. But anytime you put a property in an LLC, you’re creating a back door for lawyers to walk through and take your assets.
How? Because every property comes with a deed. Your name will be on that deed most likely.
But when you have a trust you can put the trust on the deed instead of your name and then put that property in an LLC. Nobody will be able to connect your property to your company. And nobody will be able to figure out who owns your company or who owns your trust because the trust is a private document.
Combining a Trust With An LLC Will Give You Total Asset Protection
So let me break this down for you real quick. To achieve total asset protection first you establish a trust. Then you file an LLC. After doing both of those you then buy a property using the trust and put said property in your LLC. End of story. Now you have total asset protection.
Are you interested in learning more about other asset protection plans? Our free resources are here for you to learn more about asset protection plans.
And always remember, if you want to preserve your wealth, don’t put all your eggs (properties) in one basket (LLC).
If you’re ready to preserve your wealth using the strategies of the ultra-rich, schedule your asset protection consultation today.