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LLC Master Machine Asset Protection Program Combined with Equity Stripping

I Have An LLC And Manage My Properties.So How Will The LLC Protect Me Personally?

It Will, If You Know How!

This is a frequent question. The answer begins with numerous provisions from myOperating Agreement Extraordinaire.Below are two of the more important ones which are based on every LLC state statute.

No Member Liability To Third Parties: No Member shall, by virtue of their status as a Member or their ownership of an Interest, be personally liable for the debts, obligations or liabilities of the Company, including but not limited to a judgment decree or order of a court, unless otherwise agreed by the Member or Members to be personally liable on a debt or obligation.

Authorized Agent: Each Member is the Companys agent for the purpose of the Companys business.Only a Member who is specifically authorized by the Company as per Paragraph A above is to act as an agent of the Company shall have the power to bind the Company to Third Parties as per Section 4C (Company Disclosure) of this Operating Agreement. Any Member so authorized is only an agent for the Company and not an agent for the other Members.

So what do these provisions mean?Assuming you adhere to the proper entity formalities (below), when you manage your LLCs properties, you are not acting personally, but as an agent of the LLC.In effect, it is the LLC entity that is doing the managing, not you.So you are not personally liable and protected.

But for this to work this way, you must disclose to all third parties (tenants, contractors, creditors, etc.) on all documents (leases, contracts, all other correspondence) the full name of the LLC, followed by LLC and after your full name Member, Managing Member or Manager.

Also major LLC decisions and transactions should be documented by way of minutes of meetings; or resolutions which are LLC authorizations of such major decisions without the need for in-person meetings.Examples of major decisions are: Entering into a lease with a tenant, entering into an agreement with a contractor or other creditor.

These are the more important entity formalities to adhere to.

Do this and it will be very difficult (and expensive) for a claimant (tenant, contractor or other wrongful creditor) to pierce the LLC entity veil (veil piercing) and bring an action against you personally.

But you should still have other shields of protection!This is theRoman Shield Strategyof multiple shields like the ingenious ancient Romans did with their military formations completely covered by shields.You need to do the same with your asset protection.

In other words, I am not yelling unsinkable, like the infamousTitanic.It is well known that the Titanic did not have enough life boats.If it did the story would have been much better and so will yours. Again you need to have additional shields, enough life boats.

For example, despite doing all the above formalities, some deep pocket wrongful creditor, along with an aggressive lawyer, may still attempt to sue you personally.There also can be a legal action against you where such action has nothing do with the LLC or the properties in the LLC.One powerful additional shield (or lifeboat) that would effectively protect you is a properly designed asset protection trust, such asThe Power Elite Trust(PET).Such a trust would hold your personal assets including the ownership shares of your LLC, along with your home, securities and other personal valuables.The PET is extremely difficult to penetrate.

Equity Stripping Excel- TheOnlySystem On This Powerful Wealth-Protection Gem. NO where else will you find it!

Everything you need to implement with this downloadable e-system...

Instruction manual -Easy-to-follow, step-by-step instructions and examples for all types of investment properties and personal-use assets.

Audio discussion -Audio version with trackingreferencing to the instruction manual.All Online

CD-Rom forms disk With all necessary formsAll Online

How Equity Stripping can be done without actual cash borrowing as a line-of-credit (like a HELOC) with the lender LLC recording the entire credit obligation in the public records for claimants and their lawyer to painfully see and retreat. You therefore can effectively do ESE with no cash and prevent RVP. We show you step-by-step.

ESE with owning properties in different states...Yes you can still do it with only two LLCs!

Built-in safeguards to prevent lawsuits against the real estate LLC and lender LLC

When more than two LLCs will benefit you with savings

Why Wyoming is better than Nevada for LLCs

Real world case study with step-by step procedures with completed filled in forms.

Much more!

Anytime you accumulate equity >Build it up,save it,protect it,move it,keep it. You accomplish this best with the ingeniousEquity Stripping Excel!

PS: Remember,Equity Stripping Excelis the ONLY way to protect your property equity and totally prevent the potential disasters from reverse veil piercing! You owe it to protect your family!!

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LLC Master Machine Asset Protection Program Combined with Equity Strip

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