Banking privacy is essential to a financial privacy plan. This article will provide a single solution to avoiding a bank account seizure.
Who are you?
Expert communication goes a long way, especially while communicating with Clerk II who represents herself as “manager” while Mr. X is busy in a meeting. You discover this ten minutes into the conversation after investing your energy and time-not to mention your explaining to her that a single individual can manage and control a Nevada Limited partnership.
“A partnership must have two [members] in order to be a partnership,” she reports.
Rather than say, “Grant Hall and others do it with one,” restrain yourself and make an appointment to discuss your bank secrecy with Mr. X.
Banking privacy principle number one
If you meet with Mr. X some days later, make certain to have covered all the banking privacy bases for the limited partnership account while still on the phone. You don’t want to meet him and waste his time or yours unless your privacy requirements can be met. Once you know what you want, you’ll be ahead of most and on your way to banking privacy.
Make certain the account is titled in the partnership name only.
Bankers typically like to title the account like this:
Valley Center Treeline Limited Partnership
124 South Oaklander Drive
Anytown, Anystate U.S.A. 00000-0000
Sue Bigprivacyseeker, Manager
Tell Mr. X that you are concerned with identity theft challenges and to please keep your name off the statements and title.
It is necessary for the signer/limited partner’s name to appear in the bank records, but a name other than the partnership’s should not appear on the statements. Otherwise, any one-an identity thief, her investigator, or “you know who” will know who is behind the partnership, and we don’t want that. Not after you have gone to all the trouble to register the company privately and everything else I write about in Privacy Crisis.