This article will provide information on bank secrecy and asset protection through the use of a Nevada Limited Partnership, an entity that has never been pierced for a judgment against a limited partner. This information was accurate during research performed on asset protection a few years ago, and remains accurate as far as I know.
Nevada Limited Partnership for bank secrecy
Title the account in the name of the partnership only. Do not include your name as limited partner and signer on the account statement or title. Receive statements through a mail nominee. For home privacy and banking privacy, do not receive correspondence related to the partnership at home.
Brokerage account in the name of the Nevada limited partnership to preserve money secrets.
Hold liquid investments in a brokerage account in the name of the limited partnership for anonymous investing and financial privacy. Your name as the signer should be in the brokerage house records, not on the statements or account title.
Anonymous debit cards with only the Nevada limited partnership name on the card
Keep your investments anonymous by insisting that the name on the debit card tied to the partnership account be the same as the account title. Only the partnership’s name, not the limited partner’s and signer’s should be on the card.
Private company registration
Unless you register the company anonymously, all of the above is useless. Privacy is guaranteed when you utilize the principles and tactics outlined in Privacy Crisis; Identity Theft Prevention Plan and Guide to Anonymous Living.
Single person Nevada limited partnership
Through the use of privacy principles and a front entity, you can form a Nevada limited partnership and be the sole controller of the assets. These methods and principles are beyond the scope of this article, but are described fully in the privacy book.
Professional advice
Obtain competent professional legal and accounting advice prior to setting up an asset protection plan.
Thanks for reading.
Grant Hall
