ALASKALLC.US/Simple Asset Protection That Works
|ASSET PROTECTION . LLC CHARGING ORDER PROTECTION . ALASKA LLC . WYOMING LLC . FORECLOSURE PROTECTION|
|>> LLC CHARGING ORDER PROTECTION PRESENTATION . PROTECT YOURSELF NOW <<|
A CREDITOR CANNOT FORECLOSE AGAINST YOUR MEMBER INTEREST IN AN ALASKA LLC
PRIMERA GROUP, INC.
17th Street, #25, Cheyenne WY 82001
PRIMERA GROUP, INC.
109 East 17th Street, #25, Cheyenne WY 82001
We don't provide legal advice or tax advice. Please see a qualified tax advisor or an attorney.
>> ALASKA LLC PRESENTATION <<
The charging order protection allows you to make a hostile creditor responsible for taxes although he didn't yet receive a distribution from your LLC. The hostile creditor thinks he won but quickly recognizes that he must now pay taxes on income not yet received. This process is explained below.
For this charging order protection to be most effective, the LLC must
Green arrows show flow of distributions when there's no threat.
LAWSUIT TARGETS MEMBER #1 (YOU). The creditor seeks a charging order against your interest in the LLC. He seeks to obtain the earnings that are due you. It's similar to a wage attachment. But the manager refuses to release the earnings to the creditor. And the creditor cannot foreclose against your interest in the Alaska LLC.
$1000 Set up
$500 annual renewal
FACT: ALASKA offers an LLC where the member's interest cannot be foreclosed. Alaska Sec. 10.50.380 (Rights of Creditors)
FACT:REVENUE RULING 77-137 makes the IRS your friend. The IRS makes your creditor liable for taxes after the creditor obtains a charging order against your interest in the LLC. This is like a "wage attachment" of sorts against your LLC interest. The creditor doesn't want to pay taxes on a "paycheck" it hasn't received.
Creditor realizes it can't foreclose against your interest in the LLC and assets cannot be forced out. He's forced to wait, and wait, and pay taxes during this time. This encourages him to go back to the negotiation table and work out a settlement, after he's won the lawsuit, after he obtained the charging order...he wants this to go away.
THIS IS NOT LEGAL ADVICE. PLEASE SEE A QUALIFIED TAX ADVISOR BEFORE ENGAGING IN ANY ASSET PROTECTION, BUSINESS PLANNING OR ESTATE PLANNING.