You can hide assets in a trust because they offer a great level of privacy.
People won’t know what is inside the trust. They won’t know if there’s a relationship between you and the asset protection trust trust.
They won’t know if there’s a relationship between you and the asset protection trust trust.
Trusts do not hide your assets from the IRS or government.
The trust does hide assets in the sense that it gives you increased privacy from nosy people and from having to post ownership information online.
See also our post about the Anonymous LLC.
Colin Ley is an asset protection attorney and the creator of the PREP Trust®. He is also the co-founder of LayRoots (along with with partner in life & business – Shreya Ley)
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