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Asset Search
Your Home
Your home and the equity in your home is one of the hardest things to keep from the public. If
someone is looking to sue you, they know they can get a judgement here. But protecting your
home can be very simple.
There are often tax advantages to personally owning real estate and transfer taxes due upon
the sale or transfer of real estate. Many people choose to hold most of their real estate in
their own name and use a private corporation to lien or encumber all of the equity in the
property. This is a simple yet effective strategy used by homeowners across the United States.
Placing the "friendly" lien on the property is simply of drafting a promissory note, creating a
debt between you and the private corporation, and a Deed of trust or mortgage to record the
debt against your home. Once completed the Deed of Trust is filed with the County Recorder
in the county the property is located, effectively putting on public record the amount of the
lien. At some point you may want to sell the property or get a second mortgage. At that time it
will be simply a matter of drafting another document to have the "friendly" lien released.
Your home and the equity in your home is one of the hardest things to keep from the public. If
someone is looking to sue you, they know they can get a judgement here. But protecting your
home can be very simple.
There are often tax advantages to personally owning real estate and transfer taxes due upon
the sale or transfer of real estate. Many people choose to hold most of their real estate in
their own name and use a private corporation to lien or encumber all of the equity in the
property. This is a simple yet effective strategy used by homeowners across the United States.
Placing the "friendly" lien on the property is simply of drafting a promissory note, creating a
debt between you and the private corporation, and a Deed of trust or mortgage to record the
debt against your home. Once completed the Deed of Trust is filed with the County Recorder
in the county the property is located, effectively putting on public record the amount of the
lien. At some point you may want to sell the property or get a second mortgage. At that time it
will be simply a matter of drafting another document to have the "friendly" lien released.
Your Liquid Assets
Liquid assets, (Cash, Stocks and Bonds) are also simple to protect. To protect your cash or
stocks all that is required is to transfer them form your current bank or brokerage to a private
corporate bank or brokerage account so that these assets are no longer in your name. To
make the transfer private, these assets can first be transferred to an escrow account and
then to your private corporate account. In this way there is never a transactional tie between
you and the private corporation.
Liquid assets, (Cash, Stocks and Bonds) are also simple to protect. To protect your cash or
stocks all that is required is to transfer them form your current bank or brokerage to a private
corporate bank or brokerage account so that these assets are no longer in your name. To
make the transfer private, these assets can first be transferred to an escrow account and
then to your private corporate account. In this way there is never a transactional tie between
you and the private corporation.
Your Vehicle
Your vehicle is a bit different. If you are leasing your vehicles or still owe money on
them, you are in good shape. The courts cannot seize what you don't own. If your
vehicles are paid for, then it is simply a matter of going to your local DMV and
adding the private corporation as a lien holder on the vehicle title and registration.
This is similar to the 'friendly' lien you placed on your home.
Your vehicle is a bit different. If you are leasing your vehicles or still owe money on
them, you are in good shape. The courts cannot seize what you don't own. If your
vehicles are paid for, then it is simply a matter of going to your local DMV and
adding the private corporation as a lien holder on the vehicle title and registration.
This is similar to the 'friendly' lien you placed on your home.
Your Business Assets
Business assets, (Machinery,Trucks, Equipment etc.) can be transferred to your private
corporation and your business can lease them back from the private corporation. If they
are non registered assets, such as machinery, tools or inventory etc, an inventory list will
be created and filed with a UCC-1 form and security agreement thus transferring or
encumbering the assets and putting it on public record that they are owned by the private
corporation. It is important to note that the private corporation used in all the examples
have the maximum privacy features such as nominees and registered agents. WIthout the
privacy your protection might be compromised.
Business assets, (Machinery,Trucks, Equipment etc.) can be transferred to your private
corporation and your business can lease them back from the private corporation. If they
are non registered assets, such as machinery, tools or inventory etc, an inventory list will
be created and filed with a UCC-1 form and security agreement thus transferring or
encumbering the assets and putting it on public record that they are owned by the private
corporation. It is important to note that the private corporation used in all the examples
have the maximum privacy features such as nominees and registered agents. WIthout the
privacy your protection might be compromised.