Yes. But the key to asset protection is privacy,
and a Nevada corporation without a nominee officer, Bearer shares, a
private bank account, and a means to move your money anonymously is
useless for that purpose. You can get a Nevada corporation on your
own cheaply, but if you inquire about nominee service, registered
agent service, or opening a bank account while keeping you
anonymous, you will find those to be huge, extra fees (if you can
even get those services). No one offers the combination of
service and price that we do -- we guarantee it. In 13 years of
doing business, none of our clients has been sued. No one else
offers our unlimited, free consultation once you have your
corporation. You will always know the best and most effective way to
use your corporation.
No, we do everything for you to set up the
corporation. If you are going to be the signer on the corporate bank
account, the bank requires a signatory form, which we provide to
you. All we need from you is the name you want for the corporation,
and the address to FedEx the corporate documents.
No. Nevada corporate law states that the
shareholder's are the owners of the corporation. The officers are
'employees' of the shareholders and cannot execute a transaction
without shareholder approval. In your Nevada and/or offshore
corporation, YOU are the shareholder.
Your corporate bank account is set up so that YOU have the only
access to it, while remaining anonymous. Your nominee officer will
be demonstrating trust in you. You will have his social security
number. A nominee director functions in a fiduciary capacity like
your stockbroker or accountant.
Yes. But no one can sue you for being a signer on
a corporate account because they cannot prove you opened the
account, or own it personally. You can appoint someone else as
signer for your Nevada corporate account (with full security
safeguards in place, of course) so that you can bank with total
anonymity in the U.S. If you're signer on your offshore account,
you fall under the controlled foreign corporation law and must
report income in this account to the IRS. There is a way to report
offshore income without revealing its source. We advise you how to
do this. No one from the U.S. has jurisdiction over your offshore
account, unless you've been convicted of a serious felony. Bahamas
law strictly prohibits the disclosure of any information about
anyone owning a Bahamas corporation to any outside, third
party. When we form your Bahamas corporation, the Bahamas government
never even knows who you are, and never is given any information
about you.
There are many ways. You can get a no-income,
no-qualifying mortgage or loan if you need to buy property. They may
loan only 70% of the value rather than the 80% you get with asset
qualification, but these loans still are easy to get. They use the
property itself as collateral and you don't have to show income or
assets.
We do everything for you, to set up your
corporation. But every offshore bank/brokerage requires the
following documents from the person who will be the main
signer/beneficial owner of the account. No one in the U.S. has any
jurisdiction to get this information, but the bank/brokerage itself
must know who the signor is:
Signed, notarized, four-color copy of a
Passport. The picture must be clear.
A bank reference letter stating the banker
has known the signer and/or beneficial owner for at least three
years.
Yes. Curiously, we have a double standard in this
country. When the wealthy and/or famous protect their assets, people
call it smart financial planning. When the rest of us do it, they
call it evading creditors. But under the law, everyone has the legal
right to protect their assets, and they should do so.
Trusts are very expensive (as much as $40,000 to
set up and $20,000 a year to maintain), they're too complex and they
are inflexible. You cannot easily move an asset in and out of a
trust. There are too many bogus trusts and sham trust promoters out
there, so consequently they are always under federal investigation.
We strongly urge you to stay away from offshore trusts. An
international corporation gives you the very same protection as a
trust at a fraction of the cost, with much greater flexibility and
ease of use.
No. He legally and truthfully says he doesn't know
who the owner is. This is because he does not know who is holding
the Bearer shares for your corporation. You also can say the same
thing, if questioned. You do not legally 'own' the corporation if
you do not have the Bearer shares in your direct possession at that
moment. Nevada does not keep track of amounts of stock issued nor to
whom, nor doest it require corporations to ever issue stock in the
first place.
Nevada has no corporate or personal income tax.
This may be important if you live in states with state income tax
rates that are high. The first step is to establish a Nevada
corporation to work with your current non-Nevada corporation. Then
you can employ your Nevada corporation to provide a service to your
non-Nevada corporation. Your Nevada corporation can be a supplier,
financial consultant, marketer, advertiser, management consultant or
serve in some other capacity as a provider of services to your
non-Nevada corporation. Then your non-Nevada corporation can pay
your Nevada corporation for services rendered, creating an expense
for your non-Nevada company and income for your Nevada corporation
in a tax-free state.
A Delaware corporation can do business in Nevada
but you can't transfer the corporation to a Nevada corporation to
get Nevada's privacy; they are two separate entities. Delaware is
an excellent state to incorporate for public companies, but it
offers no privacy and anonymity.
Yes, a Nevada corporation can be the part or sole
shareholder of a corporation in another state.
Risk Analysis Survey
This is a sample ten-question Risk Analysis Survey
(RAS). We ask you to be completely honest with yourself when
answering these questions. Many of these questions appear on the
full RAS, which is available free to anyone who asks. This is a
start to see if you even have any need for asset protection.
These questions were not created randomly. They
have been gleaned from years of research. The full RAS test
explores, in depth, many more areas of potential exposure that the
average person encounters in their daily life. In addition, the full
survey researches actual dollar values of exposure to determine
whether there is a cost benefit to an asset protection strategy.
So, see if asset protection and financial privacy
is right for you! Feel free to print this page to take the survey on
paper.
Confidential Risk Analysis Survey
1. Do you have assets (cash,
property, stocks, business or personal equipment) that could become
the target of collection attorneys, lawsuits, court judgments, or
the hostile action of government agencies?
Yes
No
2. Have you or your company ever
been threatened with a lawsuit, or are currently a defendant in any
lawsuit?
Yes
No
3. Are you facing or contemplating
a divorce?
Yes
No
4. Are you, your business, any of
your partners, or any of your family members potentially the target
of any creditor or collection agency, or a target of an
investigation or audit by any government agency?
Yes
No
5. Do you own your home?
Yes
No
6. Do you own securities or other
financial instruments?
Yes
No
7. Do you own a recreational
vehicle, boat, or plane?
Yes
No
8. Do you own a second home or
other real estate?
Yes
No
9. Do you own a share of a
business or share a practice in a profession?
Yes
No
10. Do you currently have a reason
to need or want asset protection and financial privacy?
Yes
No
If you answered YES to any of the
aforementioned analysis, you need to contact us immediately.