New Mexico LLC - Member or Manager Managed

Asset Protection Services

Our goal when we form anonymous New Mexico LLCs is to form the entity that you can put your assets in and keep it there. Wyoming has a few additional benefits that a lot of people want, so the most complete package we really provide is forming a New Mexico LLC that you use publically, but have it be owned by a Wyoming LLC.

One of the problems with the New Mexico LLC is court rulings. A creditor is very limited in taking your membership interest in New Mexico.

What the Wyoming LLC has that New Mexico does not, is that the Wyoming LLC laws SPECIFICALLY say that the ONLY remedy a judgment creditor has is to get a judgment against a distribution of money or assets that would have gone to a membership interest. There is no provision for a Wyoming Court to order the transfer of a membership interest. Thus keeping the personal individual (Member of the Wyoming LLC) in complete control of the Wyoming LLC and owning the Wyoming LLC. As long as the member doesn't take distributions personally, the member's creditors won't get paid.

So in summary, we like to see either one of 4 setups:

If you're just looking for more anonymity:

1.  You set up a New Mexico LLC and call it good. New Mexico asset protection laws are great, and better than most. Even with a personal judgment, it will be hard for someone to affect and disrupt your NM LLC. If you're not as worried about getting into personal bankruptcy or judgments, this will be just fine.

If you're worried about divorce or other personally messy situations:

2.  You set up a New Mexico LLC and use for things you want to keep private. You bill and run your money through a Wyoming LLC that has no corporate or personal income tax, and provides the best control of your membership interest. You also have the Wyoming LLC own 100% of the New Mexico LLC or your 100% percent of your membership interest.

If you're in a tax heavy state:

3.  You're going to need a business presence in your home state. You establish a separate company in your home state (Which we can do for you,) but your home state leases and rents the assets from your holding company in WY, NM, or WY and NM. Getting money from the home state into your holding company. The WY LLC can be anonymous as well, but there are more strict rules about proving the state the member/manager info of a Wyoming LLC than in New Mexico. You do not have to list the member/manager info on the public docs or annual reports in Wyoming, but the state does have to know them, or the registered agent be able to produce them to the state at any time.

If you're not as worried about anonymity:

4.  We can just establish a Wyoming LLC for you. The Wyoming LLC has a $100 filing fee, BUT has annual reports due each year for $52. We don't have to list the members and managers on the articles, AND you don't have to list them on the annual reports. The state DOES have an easier time getting us to produce that info if requested than New Mexico does. AND Wyoming strictly regulates registered agents and makes sure we maintain this info so that we can quickly produce it if ordered by the state. Wyoming can't just ask for it without a reason. The state has to actually have a reason to ask us for the contact details of a Wyoming LLC.