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Updated about 6 years ago on . Most recent reply

What is the best way to structure an anonymous LLC?
My wife and I want to form an anonymous real estate holding LLC in AZ (Arizona does not provide anonymity, but it offers great charging order protection). I was told in order to achieve anonymity that I have two options:
1) To create a living trust owned by my wife and I, and then make the trust be the sole member of the holding LLC (by doing this, our names will not be on the articles of organization).
2) To form another LLC in another state that offers anonymity such as Wyoming, Nevada, or New Mexico, and make this LLC be the sole member of my AZ holding LLC.
Which option would you better recommend in order to get the maximum asset and charging order protection?
Thanks for your help!
Most Popular Reply
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@Frank Peraza, these are just opinions, not facts, but I REALLY don't like trusts. there is the cost of creating, the duty to keep things in the trust, and they provide ZERO liability protection. If you form a WY LLC you can have it be anonymous, have a second layer of liability protection, and a second layer of charging order protection. Now in my opinion anonymous investing is vastly over rated, but this method would help. It only costs $100 to form an LLC in filing fees in WY and about $50 per year for your annual filing. You can get a company to be your registered agent for about $25 to $50 a year too. It depends on what you want to spend. Just out of curiosity why do you need anonymity?