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I'd be interested to know the situations where an LLC would and would not protect your identity. The classic examples seem to be buying and selling things, but
by confounded 9y ago
I'd be interested to know the situations where an LLC would and would not protect your identity.
The classic examples seem to be buying and selling things, but it's hard to imagine how this would work without banks.
Is the idea that it covers you for transactions via contracts/ownership-stakes/other illiquid-instruments-of-value?
- ringaroundthetx 9y agoYeah you should only consider these services based on what you are trying to accomplish. Think about it analogous to when you are choosing how anonymously you want to browse the internet: Don't want your roommate seeing your browsing history? Okay then private browser. Don't want your roommate seeing URLs you visit by monitoring the router? Okay then TOR. Don't want a three letter agency running an exploit over TOR that reveals your clearnet IP address? Okay then use Whonix or Tails. It is similar when deciding how anonymous you want your LLC or surrogate entity structure.
- confounded 9y agoCould you recommend any further reading, regarding different structures/options?
- ringaroundthetx 9y agoUnfortunately I do not. It is sad but really good legal analysis across jurisdictions is still locked up in $500 books or $900 an hour billables at law firms. You'll have to spend many months doing research into what optimizes a specific business application, and what kind of curious neighbors or creditors you would like to thwart. Competitors are different then disgruntled contractors are different then spouses are different then nation states.