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Samuel Everett
  • McDonough, GA
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A Strategic Tale of Two Cities

Samuel Everett
  • McDonough, GA
Posted

Hello All!
I live in Georgia. I recently purchased a 3 yr old Wyoming LLC, for obvious reasons. I am researching some strategic and cost effective ways
(virtual office/ phone, mail forwarding, etc) to create a virtual HQ presence in Wyoming while tying my Georgia location in as a satellite office. Any suggestions would be greatly appreciated.

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David Beard
  • Investor
  • Cincinnati, OH
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David Beard
  • Investor
  • Cincinnati, OH
Replied

Best asset protection laws. Per attorney Garrett Sutton, "Nevada and Wyoming have both statutorily enshrined the charging order as the exclusive remedy for creditors. Meaning that someone with a judgment against you can't force a sale of your property to collect. Instead they must by law wait for distributions to be made. This is not a satisfactory means for collecting money, and this is both both an aid toward discounted legal settlement (at, for example, perhaps 10 cents on the dollar) and a deterrent to litigation in the first place."

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