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Updated over 10 years ago,

Account Closed
3
Votes |
6
Posts

Can I use a land trust to form an LLC to protect my assets and personal info.?

Account Closed
Posted

Because of using your real name and other info. to form an LLC and it being recorded in the system so the government will know you're doing some type of business and tax you accordingly, I feel that having a land trust will not matter on keeping your assets private. Example: if ever sued and your assets are in a land trust by an LLC, your real name and other info. can be easily searched in the system to see who owns the land trust by searching the info. created to form the LLC that the land trust is under. So is it possible to use a land trust to form an LLC so as to not use my real name and info. basically the LLC will be under the land trust and not the land trust under the LLC, simply switching it up. I'm not doing this to completely avoid taxes, it's just to keep as much of my personal info. off the grid or system as I can without breaking any laws. Hopefully this is not confusing, thanks for you're help.

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