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Updated about 2 years ago on . Most recent reply

User Stats

28
Posts
25
Votes
Christopher Boon
  • Investor
  • New York, NY
25
Votes |
28
Posts

ADVICE NEEDED: Wyoming LLC (w/DBA) & How To Best Isolate Risk

Christopher Boon
  • Investor
  • New York, NY
Posted

If there are any real estate lawyers that can help answer this question, then I would greatly appreciate it and I promise to pay the kindness forward.   :)

CONTEXT: I'm setting up a WY LCC as my parent holding company along with a DBA attached to it simply for branding purposes. I then plan to set up one LLC in each state where I invest (e.g. TX LLC, NJ LLC, NC LLC, etc.).

GOAL: My main concern is security, anonymity, and isolating risk that may bubble up from one of the individual state LLCs, God forbid. I've heard many times that one's LLC structure and good insurance act as the two main pillars to protect myself and my family from any issues that may arise down the road.

QUESTION: That said, I would love some expert POV on which of the LLCs I should publicly affiliate myself with as the Founder & GM. Is it ok to publicly attach myself to the WY LLC DBA, or is there a smarter way to approach this? Am I putting me and my family at risk in anyway by attaching myself publicly to the WY LLC DBA?

Thanks you so much!
:boon :)

Most Popular Reply

User Stats

28
Posts
25
Votes
Christopher Boon
  • Investor
  • New York, NY
25
Votes |
28
Posts
Christopher Boon
  • Investor
  • New York, NY
Replied

Thanks @Nathan Gesner. That helps a lot. Really appreciate it!  Have a wonderful rest of your day :)

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