Wyoming Close LLC for Asset Protection
A Wyoming Close LLC is a smart method of asset protection planning, and can make proper use of a Wyoming LLC for asset protection. Wyoming is a pro-business state, and has very strong company laws with many advocates of privacy and liberty creating a favorable business Environment.
A Wyoming close LLC can have many uses based on your individual situation. A Wyoming close LLC can be ideal for your estate planning or asset protection purposes. Here are some facts about a Wyoming Close LLC.
A Wyoming Close LLC still retains the protective power of other Wyoming LLC Statutes that also provide strong asset protection for your LLC formed in Wyoming.
The sole remedy for potential creditors of a Wyoming Close LLC is a charging order. This essentially means that it is difficult for creditors to seize your assets in the event of a lawsuit, particularly when compared to other states like California or Florida.
The Wyoming Close LLC can include provisions that make it difficult to transfer membership of the LLC. This can be advantageous for several reasons.
A Wyoming Close LLC will oftentimes prevent a lawsuit from even occurring, because a creditor will see how difficult it is to control the Wyoming LLC as a creditor.
Wyoming Close LLC’s can choose to make profit distributions (dividends) if and when they choose. If there was a charging order against an LLC, you might choose not to make a profit distribution, for example.
A Wyoming Close LLC makes it difficult or impossible for a hostile takeover because the Wyoming Close LLC membership is established and not easily transferred and difficult to change, but only if you decide to make it this way.
For only $100 we will form your Close Wyoming LLC. We charge $100 to form a Wyoming Close LLC. $97 for Wyoming registered agent services, and the State filing fee of $100. A total of $297.
An optional service is the customized operating agreement for an additional $100 and a tax id for $50.
The Wyoming Close LLC is a fantastic option for anyone considering Asset Protection or Estate Planning. Asset protection is a great reason for forming a Wyoming Close LLC. You might also look at our Worldwide Jurisdictions. However, if you decide to go with a Wyoming Close LLC, e can also refer you to a Wyoming Estate planning lawyer who can create a customized operating agreemtn for your Wyoming Close LLC.
You need a registered agent to form a Wyoming Close LLC. Registered Agent Worldwide is the best Wyoming Registered Agent Service in the State of Wyoming. We provide everything you need, and won’t hassle you with anything you don’t.
Sign up for a Wyoming Close LLC today.