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Anonymous LLCs And Your Privacy

July 21, 2020 PMiller

Simply defined an anonymous LLC is a limited liability company whose members are not publicly identifiable. By not disclosing to the Colorado Secretary of State ownership information, owners are able to maintain their privacy. Individual owners are able to have their business affairs remain confidential, as well as avoid harassment by sales persons or members of the public. The state of Colorado does not require members of an LLC to be publicly identifiable. Benefits An attorney creates an anonymous LLC…

Start-up LLC Check List

February 3, 2020 PMiller

New LLC Starting an LLC can be a daunting process, and getting off on the right foot is important. Moreover, in the event you get sued or audited, the court will look to see if the LLC is conducting itself as its own separate entity rather than an alter ego of you personally. If the court does find the LLC is an alter ego of yourself, then you will be held personally liable for instead of the start-up LLC. Similarly,…

How to Transfer Your Real Property to an LLC

August 9, 2016 PMiller

Some individuals and couples transfer title of real property to an LLC as a way to shield them from personal liability, pay fewer taxes through asset depreciation, avoid probate, or for estate planning purposes. Some of these purposes are succession planning, gifting, or lowering estate taxes. Perhaps, the property is an in-town rental, vacation home, out-of-state property, or vacant land; placing the property into LLC can protect the property owner, lessen the tax burden, and streamline probate process. An LLC…

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