I'm looking into something with the LLP as another user suggested. So far it does not look good. I don't know how he is able to set this up. I study what he wrote in the mentor group and asked an agent about it but he failed to help.
Your company does look very professional, I visited your site Asset Protection and Tax Advisors - Anderson Business Advisors and see you are featured on Forbes which must stand for credibility of your firm.
The two companies that I mentioned are doing formation in WY. For formation only, there are also many other firms that will do it.
This is kind of interesting.
If you move fund out of reach of creditor when you have existing debt or knew that debt is coming, you are creating a fraudulent conveyance and a judge will have no problem voiding any transaction and reaching at the money to satisfy your creditor. Some state have lookback period for fraudulent conveyance that could be years before the debt was known. That is where some offshore jurisdictions are shining as they are limiting the lookback period and also creating a huge cost burden to the plaintif to bring the lawsuit into their jurisdiction, giving you a better hand to obtain a settlement.
Now if you are creating new debt after the creation of your WY LLC. If you are sued personally, the asset in your LLC will be protected. However, if your LLC incurred the debt, your own personal assets will be protected, but not the asset of the LLC. The charging orders are to protect the LLC from outside liability, not from its own.
