How to Use a Wyoming LLC for Asset Protection

Wyoming LLCs are a great way to protect your passive assets from lawsuits unrelated to investments. This video will teach you why Wyoming is a good state for your LLC, how to form a WY LLC, and what assets it makes sense to own through a WY LLC.

Create WY LLC – Garrett Sutton @ Corporate Direct https://corporatedirect.com/Schedule [Tell them Sharon Winsmith sent you]

Link to download Optimal Asset Holding Structure chart – https://taxplanninghq.com/download/optimal-asset-holding-structure/

Best structure for owning assets – https://youtu.be/hGMAA9bmOaQ

S Corp Payroll Tax Strategy – https://youtu.be/4kAF8oKOfXM

How to maintain your LLC – https://youtu.be/wqCFQnU7GFQ

Video content

00:00 – Introduction
01:12 – Objective of WY LLC
05:36 – Why a WY LLC
07:04 – What to own through WY LLC
10:38 – What is a loading order?
2:50 p.m. – Requirements for the creation of WY LLC
6:43 p.m. – How to create WY LLC

️ Use caution before using this strategy. Do your own research and make sure you understand the risks you are taking!

I do not work with clients or offer any consulting services. If you want to learn more about the best tax and investment strategies, subscribe to my channel and check out these courses ️ https://sharonwinsmith.com/courses/

*The information provided in this video is owned by Winsmith Tax LLC and is for informational and educational purposes only. It is not intended as investment, legal or financial advice. Always consult a professional familiar with your particular situation or do your own research before making a decision. We may receive commissions for recommending certain products or services.*

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