Is Your WYOMING LLC Leaving You Exposed?

Are you putting your personal assets at risk by forming a Wyoming LLC? In this episode of the Wealth Planning Podcast with Brister Law, Anthony Brister discusses Wyoming and Delaware LLCs, and why charging order protection entities may not be giving you the protection you think.

 

Many business owners think they're protected, but they're not. In this video, Anthony Brister reveals the common mistakes that can leave you exposed and vulnerable to lawsuits and creditors. Find out what you need to do to ensure your Wyoming LLC is properly set up to protect your personal assets and give you peace of mind. Don't put your hard-earned assets at risk - watch now and take control of your business protection.

 

Book a discovery call today at: https://www.bristertaxlaw.com

 

Timestamps:

0:05 - 0:10: "Not everyone needs a Wyoming or Delaware LLC."

0:25 - 0:30: "What is a cope, and when do they work?"

1:01 - 1:10: "Cope entities protect assets from creditors in certain states."

1:29 - 1:37: "Not all states treat copes the same."

2:08 - 2:14: "Cope entities are great for high-risk professions."

2:50 - 2:54: "If you don’t follow formalities, copes won’t protect you."

3:01 - 3:09: "Copes are often oversold as a magic bullet for asset protection."

3:39 - 3:47: "Some states, like California, don’t offer the same protection."

4:00 - 4:08: "If you have low-value assets, a cope might not be worth it."

4:36 - 4:39: "Copes are only effective in the right circumstances."

4:45 - 4:50: "For more strategies, schedule a discovery call."

5:01 - 5:08: "Like, subscribe, and share with anyone unsure about Wyoming LLCs."