Posted May 1, 2019 by James Billings
Asset Privacy vs Asset Protection.
Protection is a complex arrangement of corporations, LLCs and family partnerships. Anyone can find them on the Secretary of State website. They’re complicated. You need a lawyer.
Asset Privacy is using a trust. Nobody can find them online. They’re simple. You can set them up yourself.
In this video James explains the difference between these two concepts. He also highlights the rarely mentioned perils of asset protection trusts.
Use a Business Trust if you want privacy and anonymity. It works for real estate, a bank or brokerage account or your business itself.