nevada llc corporation



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Nevada Asset Protection  
Nevada Asset Protection FAQ’s  
What is a "Nevada Asset Holding LLC"?  

The Limited Liability Company (LLC)

The Limited Liability Company, or LLC, has quickly become one of the most popular entities in the United States. Once seen as a daring corporate hybrid, the LLC is now praised for its organizational flexibility and innovation. It offers the liability protection and ownership privacy of a corporation with tremendous flexibility in the areas of taxation and management, including the ability to have only one member.

The Limited Liability Company (rather than a corporation) is the primary entity used for asset protection.

The Nevada Asset Holding LLC

Unlike in many other states, A Nevada LLC does not require a business purpose to be formed. A Nevada LLC can be operated as "an investment holding company" or "an investment management company" and simply "hold and manage" assets. In this way "personal assets" can be protected from judgments.

Cash, investment securities, notes, receivables, investment real estate, a personal residence, patents, trademarks, copyrights and shares in a closely held corporation are all eligible. In exchange for transferring assets to the LLC, you receive a membership interest.

A Nevada Limited Liability Company used in this way is a very powerful asset protection tool. Many wealthy persons spend tens of thousands of dollars developing complex strategies to protect assets. For the average person with moderate assets this strategy is affordable and extremely effective.

It is important to understand that the "Investment Holding LLC" that holds these assets should not be used for any other kind of business or consulting. It should not sign any contracts or do anything that may result in liability. If the LLC itself is sued all of it’s assets would be put at risk. High risk vs low risk assets and should be separated and not held within the same LLC.

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