Asset Protection Strategies
Please review some asset protection strategies that you may want to use with one of your Wyoming Limited Liability Companies or Wyoming Corporations. The following is for example education. Discussing strategies is a recommended thing to do with your financial planner. See more helpful info here.
Dual Corporation Strategy
In the dual corporation strategy, Corporation A is started in your local state to do business with the public. Corporation B is a Wyoming corporation which invoices Corporation A for a monthly consulting fee.
The advantages to this strategy is that state taxes can be minimized in your home (local) state, by paying any profits to Corporation B by the end of the year. If anyone brings a lawsuit against Corporation A , only the assets of Corporation A are at risk. This is a great advantage for you.
Order a Wyoming corporation or LLC with Dual Corporation Strategy Agreements.
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