How To Make Your Personal Assets Invisible (Remove Your Name from Assets!)
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- čas přidán 1. 05. 2024
- In this video, Toby Mathis, Esq. will show you how to make your personal assets invisible from snoopy lawyers, creditors, or even greedy people out to make a quick buck who want to take advantage of YOU.
Gathering assets is one of the main objectives many people make a priority in their lifetime. However, while it can be difficult to gain assets, it's all too easy to lose them too.
Learn how to become anonymous AND appear as if you own nothing at our Free Tax & Asset Protection Workshop.
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You may be wondering the following question…
How can I protect my assets?
Well, we have a simple answer… you need to make them become invisible.
While the wording may seem a bit confusing at first glance, it is possible to make your asset invisible to those looking to take them. To help teach you how to do just this, Toby Mathis will be speaking.
Toby Mathis is joining us as a well-educated, experienced professional who knows how to make all this possible. He will break it down into easy-to-understand segments on how you can ensure that your assets are secured properly by utilizing the right tools.
With all that being said, thank you for watching the video, and we hope you find it entertaining.
If you enjoyed the video, please consider leaving it a like. We would also appreciate it if you subscribed to the channel. Subscribing to the channel means not only supporting us, but it supports your learning through our content.
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Lastly, we would like to extend a thank you to everyone in our community. For helping us to grow and continuing our mission of spreading knowledge and aid to others, we appreciate all of you. Seeing as we upload regularly, we hope that all of you will join us again in the future and till then, consider checking out our website.
Show Notes
0:00 - Intro
1:33 - What can be seen in a public database
4:17 - What is the settlement value
9:21 - Make sure your assets are invisible
14:14 - Here's how to remove your name from your house
16:10 - Wyoming LLC privacy
26:38 - How to hide your name from your business
30:42 - How to protect your rental properties
36:05 - Summary
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The information provided in this video should not be construed or relied on as legal advice for any specific fact or circumstance. Its content was prepared by Anderson Business Advisors with its main office at 3225 McLeod Drive Suite 100 Las Vegas, Nevada 89121. This video is designed for entertainment and information purposes only. Viewing this video does not create an attorney-client relationship with Anderson Business Advisors or any of its lawyers. You should not act or rely on any of the information contained herein without seeking professional legal advice.
#AssetProtection #Assets #TobyMathis - Jak na to + styl
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Can I hire you? I'm in Michigan and I have a messed up Trust from another firm.@TobyMathis
Hi do you in new york or New Jersey’s
Hehehe, good advise for the new tax plebs. If I could ever give my true advice on this platform there is not a person who would believe it.
My assets are already invisible. I wish I could find them. Lol.
lol, I’m in the same boat. I was able to avoid being sued for a car accident by not having any assets
🤣
True story (Worker's Comp Case): I was injured at work employed as a government worker. The employer is self-insured. Prior to going to trial I just wanted $50K and be done with it. Fortunately, my lawyer was top shelf. She warned me that I had massive legal debt if I decided to go to trial and lost. She wanted to go to trial. She convinced me.
SMARTEST DECISION OF MY LIFE
I won my case. My take after all the legal costs was low six figures. The best part? My lawyer won me a state pension. I now get a guaranteed pension of $5K+ a month...all thanks to my attorney (they get 15% of my pension but well worth it!).
My advice to any person with a worker's comp claim....lawyer up early.
😂😂😂
Why would you have massive legal debt if you lost? Your lawyer would charge you if you lost but take a % if they won?
I take it you qualified for permanent disability? Otherwise you wouldn’t be getting that pension correct?
Thanks a bunch Toby, as a senior citizen in the same business for 60 years, and dealt with several lawyers, I still learned details that are informative, and we all should know that information, is ammunition. We are never too old to learn. Thank you again.
Thank you for the support!
Thank God for you.
I heard a saying years ago:
Rich people own nothing, but they control everything. It's taken me years to figure out the subtle details about how they accomplish that.
This was a Very informative video, in which the speaker pretty much lays out exactly how the above phrase can be put into action. Thumbs up. 👍
Yes keep fighting over the worlds limited supply of money in the hopes that you will one day be more wealthy that everyone you share the planet with!! Lol yall dont see the self imposed class war yall maintain by doing that huh?. . not very smart are yall?
Warren Buffet lives in the first house he bought and Elon Musk has very few assets outside his businesses
The meta will change
Its true
They accomplish it by stealing your money and getting you to pay interest on loans. You end up owning the world through fraud. AKA, the banks.
This was REALLY good. I did an 'Business Structuring' class by several lawyers about 20 years ago. I flew to Vegas from Knoxville, paid the $2,500 for 5 days with about 20 others. It was the BEST money I have ever spent. I passed my learning onto other friends and family. ALL have thanked me. I now thank you.
Niceee what you Learn post em here lol
@@PICANTESOCIETYright? 😂
Thats a lot of money for 20 years ago… so good on you for investing in yourself and having it pay off well
Knowledge is Power! Don't hate the Player; learn the game!!! Thanks for this very useful information.
Yes keep fighting over the worlds limited supply of money in the hopes that you will one day be more wealthy that everyone you share the planet with!! Lol yall dont see the self imposed class war yall maintain by doing that huh?. . not very smart are yall?
Eviscirate the evil system. Evil perpetuates and breeds evil.
I have basically known most of what you mentioned. However you are the first I see on a public channel talking about these things. Great job!
Thanks for the support =)
Extremely helpful Toby!
@@TobyMathishi! Thx for your work! If credit card is overdue, but no lawsuit, llc for real estate
Sorry ! Too late for llc for land property protection? Thx!
I've never considered this.
Now you've given me something to think about.
This was an excellent presentation everyone should be aware of and participate in if applicable.
I absolutely deeply appreciated this video. Thank you so much, Mr. Mathis.
Thanks Toby, Ive seen your ad so many times I had to break down and watch. Glad i did, THANK YOU.
I have been so confused. You made it very clear.
Thank you Toby for sharing all of your knowledge with us! The master’s touch is worth a thousand!!!!! 😊
Great information presented in an easy to understand format. Two thumbs up.
Best CZcams algorithm suggestion in years! Now a subscriber.
Man alive, this is awesome!!! So much good information! I've started this process and will be following this guide. Thank you, sir!!!
Hey Toby! 🌟 Couldn't wait to tell you how much I loved todays video!It becomes even more special when you place emphasis on giving back and being generous, I genuinely love your positive vibe. I actually just discovered your channel just a day ago, and I've already binged on at least 5 videos. Super excited to catch up with all your incredible content. Keep the awesome stuff coming! 👏🏼
Thank you so much for your kind words!
Somehow this came up on my feed and started playing. I was busy commenting on another channel in a different tab, and silenced you. After I was done with the other channel I came here and started reading comments. I WILL listen to this but I want you to know I'm a SUBSCRIBER now. I can't wait to see your other videos!
According to professionals who've commented you seem highly regarded and a master at what you teach. Thank you in advance!
Thank you - I appreciate the comment. Welcome aboard:-)
THIS was a great video. Thank you very much for taking the time to post it.
Thank you for sharing your professional knowledge in a concise manner in a single video 👏! I definitely plan to put this knowledge into action. Thanks again!
Hi Toby, I’m planning to take the California bar exam soon. This is the best explanation that I’ve seen so far on CZcams about protecting assets. This is the area of law that I plan to practice so thank you for your inspiring presentation. I am now a loyal subscriber and can’t wait to watch your other content.
Good luck with your exam! Thank you so much for watching our content.
Look up the autobiography Within Heaven's Gates by Rebecca Springer 😇
@@TobyMathisdo you represent people from states other than Nevada ?
Do you represent persons from other states
@@TobyMathishello Toby. I heard that there is a new rule starting in 2020 for saying that you must reveal who is a beneficiary of an LLC in regards to your section of this video for a land trust and then assigning the LLC that is in charge of that land trust and then me as a beneficiary or owner of that LLC
I love this guy, thank you for the great in depth explanation
Excellent video! I took notes and will get some things changed. I really appreciate you sharing this information.
I was going to give this video 3 minutes but watched the lot, clear and informed I look forward to more presentations.
Awesome, gives me an insight on how to protect myself in the future
Lot's of great asset protection information! Thanks for sharing your knowledge!
I've listened to this video more than half a dozen times now. Wisdom comes from experience. I am as eager to learn from other people's experience so I don't travel down evil 'life seminars' that we are 'forced' to take by ignorance and inexperience. Thank you, Toby, for a great video. And thank you to all that post YOUR experiences as well. I look at it as though posters are giving testimony and cautionary tales to prove the liability of hiring WISE COUNSELORS, such as Toby. Be blessed! Great things are coming and we ALL need to protect ourselves.
Great content, my friend. I will get to work on this right away
Wow! I call myself an average person who likes to allways learn somenthing new; and this is so informative and easy to understand... thank you Toby Mathis
So glad I am a platinum member. Love the way you explain these complex ideas. Got any info on creating family bank??
Mate, I’m in Australia so an site there’s some nuance to these structures that may not align, but I love the content and the way you deliver it. Keep up the great work! Despite not being in a position to have your advice be relevant to me, I stayed to the end and that’s rare 😅
Just found you. Subbed off of your passive income video (mainly because of your 10% giving notion). I literally feel like I've found my guy that I've been looking for, for over 2 years.
Thank you for educating the public! Estate planning is one of the most important components of high net worth assets in life.
Thank you for watching!
Thanks Toby, your information is awesome!
The video started off great, hooked me and kept my attention
Thank you very much for the information. These days you can never tell what can happen.
Good to know and thanks for the presentation. This is a keeper and other people I know will see this.
Amazing content! You are a master educater without the ego! Very rare combination indeed!
@@jessicawiley9592 not sure?
Yes keep fighting over the worlds limited supply of money in the hopes that you will one day be more wealthy that everyone you share the planet with!! Lol yall dont see the self imposed class war yall maintain by doing that huh?. . not very smart are yall?
Hey Toby. New subscriber. I stumbled upon your channel. Great content. Keep it up.
Clearly explained without extra rambling. Thank you!
Glad you liked it
I worked for Dow Chemical for several years. At one of our meetings, I was told that Dow averaged a new lawsuit filed against them every day of the year.
Thanks toby! Excellent content. You are a very good teacher.
Glad you think so!
Thank you! This is the most valuable information I've come across in the web! Unbelievable you give this for free!
We are all just managers of stuff until a good honorable law takes it.
Can remember a nice guy who owned a 6 man riggjng business that specialized in moving machines. His cheating wife hired a big time lawyer to suck every dollar out if this guy. He did maybe a week or two work for some long time customers a few times a year where he had an agreement that he did not want to get paid until the divorce was final. His wife could not figure out how he was working the same 50 to 60 hours every week & his profit was way down. After the divorce he had a pole barn built and went out and purchased a few nice old classic cars.
I appreciate how informative and well-researched this video was. It's clear that you put a lot of time and effort into your content.
Thank you so much! We appreciate you taking the time to watch our content!
Yes keep fighting over the worlds limited supply of money in the hopes that you will one day be more wealthy that everyone you share the planet with!! Lol yall dont see the self imposed class war yall maintain by doing that huh?. . not very smart are yall?
You explain things very well and give so much good information. After listening to this video, I realize I need to see a lawyer about making some changes with some of my assets. Many thanks for this video!
Thank you for your very informative/eye opening video!
I can tell this guy is very honest.
I am currently in business school for my BA as my pre-business law undergraduate. I love this video!!!
Yes keep fighting over the worlds limited supply of money in the hopes that you will one day be more wealthy that everyone you share the planet with!! Lol yall dont see the self imposed class war yall maintain by doing that huh?. . not very smart are yall?
Wyoming's charging order protection laws are effective for members to protect their LLC assets and ownership from creditors. However, that protection does not extend outside of Wyoming. Members living out of state will have to deal with different laws protecting their LLC assets from garnishment by creditors.
So you’re saying getting an LLC out of Wyoming and putting your land trust in that is worthless if you in a different state?
Toby, this was a great video! At first I was worried it was going to be a little dry, but you kept me engaged. At some point in time I would definitely consider going through with this, just for the sake of privacy for my family.
Awesome info!! I'm in Canada but learned alot here and will find out what's possible for here to hide assets. Thx sooo much 😘 💓
There's things I never thought about, you really got my thinking maybe I better look into these tips where I live. Thanks a bunch.
Glad it was helpful! Thank you for watching the content!
Thanks Toby for the info. 👍
Great video and you have a good presentation style. Clear voice and easy to understand.
Thank you kindly! We greatly appreciate your words.
Thanks for taking the time to make this video. Found your web site, and a lot of interesting things to read in the 'blog'. Great stuff.
Awesome, thank you for visiting our website!
This man has lots of great knowledge and it shows! Thank you very much for your insight and time!!
Thank you!
Yes keep fighting over the worlds limited supply of money in the hopes that you will one day be more wealthy that everyone you share the planet with!! Lol yall dont see the self imposed class war yall maintain by doing that huh?. . not very smart are yall?
Thank you so much Mathis . you broke it down nicely. I could listen to you all day . Too bad there's no apprenticeship in law, I would definitely like to learn from you 🙏
You can learn to specialize in certain areas as a specialized paralegal.
Yes keep fighting over the worlds limited supply of money in the hopes that you will one day be more wealthy that everyone you share the planet with!! Lol yall dont see the self imposed class war yall maintain by doing that huh?. . not very smart are yall?
Excellent video! Thank you so much!
Just found your channel. Great details. I like your presentation.
very honest and helpful advice. Thank you Toby!
Our pleasure, thank you for watching!
Great summary, thanks for the info!!
Powerful, very powerful presentation!
At 9:00, when you said that, all I could think of was the 1990's McDonald's Hot Coffee Lap Burn lawsuit. Multiple parties were at fault!
Thank you sir, much appreciated!
Wish someone in south africa will post on your topic. Brilliant to have a professional on your side. Thank you
Thank you so much. You are so straight forward and don’t bear around the bush, i recently saw your video on LLC’s and Sole P., it was extremely helpful. Again thank you so much ! 💯
Thank you for watching our content, we are glad you found it helpful!
Informative, cogent presentation. Appreciate the time and energy you put into this video.
I appreciate that!
Thank you so much for all the informations that you shared with us. I really wish i knew all this before. Unfortunately i live in Europe so all this might be a little different here. But thank you anyway for the inspiration.
You are THE MAN. Wish I had known about you sooner. Thank you!
Glad we were able to help spread the knowledge!
So eloquently put and a great break down. Thank you 🙏
Yes keep fighting over the worlds limited supply of money in the hopes that you will one day be more wealthy that everyone you share the planet with!! Lol yall dont see the self imposed class war yall maintain by doing that huh?. . not very smart are yall?
Thank you for the great explanation! I am confused about taxes in these situations. Hypothetically, let's say I live in NH where there is no income tax, but there are corporate taxes. If I put rental property in a trust with an LLC as trustee, does the LLC owe taxes on the rent, or is it my personal income which is not taxed? Don't LLCs require certain ongoing actions to maintain state? I have heard that corporations do have such requirements. What are the advantages or disadvantages of an LLC vs. a lawyer as trustee? What happens when a lawyer/trustee retires.
Maybe ask a tax lawyer or CPA in your state? 🤔 These are good questions.
Stumbled upon your video and watched it twice (at work and attention in to many places at once) . I have a general idea about this topic but recently my dad passed and I and executor of his estate. Besides his financial accounts, he has a condo that I want to keep as a rental and looking for advice and a newbie to owning a rental unit. I like your simple, broken-down explanations. Will definitely poke around some of your other videos and see what I can gleam.
Yes keep fighting over the worlds limited supply of money in the hopes that you will one day be more wealthy that everyone you share the planet with!! Lol yall dont see the self imposed class war yall maintain by doing that huh?. . not very smart are yall?
Brilliant information, and clearly-presented. Thanks for putting this up.
My pleasure! I hope the information proves helpful.
Great presentation.
Valuable information.
We are glad you think so!
You are great explaining things very clearly 🤩
You are amazing. Love your vids. So much common sense.
Thank you so much for all this info, ive been learning this slowly.
Thank you for checking out our content!
This was great info, even for people who don't have a whole lot of assets.
This was AMAZING! Thank you sooo much for this! 💯
We are glad you enjoyed it!
@@TobyMathis "Security in obscurity" 😉
A valuable information. Thanks for sharing!
Great video on a subject I’ve long yearned to learn more about. Thank you!!
Thank you for watching! We hope you were able to take away from this video.
splendid upload Toby Mathis: Tax & Asset Protection. I broke the thumbs up on your video. Keep up the fantastic work.
Glad you enjoyed it, thank you for watching our content!
@@TobyMathis No problem at all. Always happy to support my fellow content creators. I am looking forward to improving on my own current video format I have uploaded and, in the future, trying to create content as good as yours in the long term.
Well, An honest attorney. Great video. Thank you
Much appreciated, thank you for watching!
Thank you so much for this information.
Thanks a lot, sir. Just subscribed your channel. Please add more of such informative videos on your channel.
Wealth of knowledge here. Keep putting these out!
Thank you!
I feel like I should have paid $300 for these 30 minutes. My attorney certainly would have charged me that. Well, he would have if he had bothered to tell me any of these things (he didn't). Thanks for putting this out there!
Thank you so much for watching!
Shakespeare's opinion of lawyers was spot on.
My neighbor is outright stealing my land ..said if you complain then I tear down your shed...now they tore down fence..stakes put where they want.. no care for truth exactness county neighbors Satan run no support to lift chin..he is encouraged by county to steal it now two sheds and said they'd steal my stuff
Thank you so much. This information is so valuable. I know I need to start the process. Do I need a local attorney? I have rentals all in my name and a home with equity (joint). we've only been married 5 years and both have kids. where do I start?
@@toptreasures4u603 hire him and find out quit asking for free shit
Thank you for the information 🙏 🥺
Saw your trust video… just keep doing what you’re doing. 👍
Thank you so much for your kind words, I really appreciate your support!
So helpful for wanting to protect generational wealth
Just found you, this is great! I have had concerns and you really helped me understand where I might start, thank-you.
We are really glad to hear that this video was of help to you, please continue to watch our content as we have more great videos too.
Hey man
Thanks for the great video. I was wondering about stocks held at brokerage firms. Are they visible in a public search?
This was excellent 👏 👌 👍 🙌 😀 can't wait to give this stuff a try
Beneficiary grantor trusts under section 678 of Title 26. Each trust should have a name that has nothing to do with the client's name. Unlike an LLC, no public records, no public information reports, no franchise tax returns.
Bingo
Trusts always come first to my mind!
Excellent presentation; thank you for posting. :)
Mr. Mathis, Thank you so VERY much. This is a really great video.
It was our pleasure to make this video in order to help educate those like yourself 👍
Great info! Thank you so much for taking the time to educate your viewers. Wonderful delivery of rules and laws.😊
Thanks for watching! It means a lot to hear you say that!
Hi @@TobyMathis,
Thank you so much for all the time, energy, & knowledge you put into these videos. Not everyone can teach & be understood You can teach & be understood. I am very grateful for all your content. I have learned so much.
I have a questions I hope you can explain.
I will apologize for maybe I don't know how to ask for what I mean. I am praying you understand my questions.
let me give you the scenario.
She makes under 25k, but her soon to be husband has almost 3mil.
He has decided and she has accepted that she/ his wife will be in control of all money and assets and be the decision maker.
once they are married she will be in charge of the money, deciding where they live.
with this ^^ in mind.
she follows your instruction. gets a LLC in WY, and sets up a living trust(?) in Nevada where she places their home and future assets.
My question is;
Keeping in mind, realistically it's his money, of course, depending on state law. Or both of their money and assets.
My question is how is she or he/they impacted by taxes if property, money and assets are under her control through the LLC and trust?
Are there any tax concerns in this situation.
Next question, still pertaining to the first question,
she also needs to open a new bank account to hold the rest of the money until she decides how much to invest.
What are her options?
She wants to make their money invisible and keep it protected.
I suspect she needs a certain type of bank to handle and secure that amount of money? Am I correct?
Are there tax issues if he transfers the money to an account with her or into an account without his name?
I suspect their personal money can not be put into a trust and used for daily living expenses and also for investing.
Or am I incorrect?
Can you advise on these scenarios?
Can both if their names go on the living trust (?is this the correct type of trust?)
Or can only one name?
I want to say, the bank I use has many of my family members and friends of the family working their. I don't find it very private. Even though no one mentions anything, I do know that when I travel I must call the bank and let them know when and where I go so my transactions are not declined but also are monitored for fraud.
If I had 3 mil to put in the bank I would not trust anyone with that knowledge that knew me personally. I believe that's a good policy.
How did it all got started?
Yes keep fighting over the worlds limited supply of money in the hopes that you will one day be more wealthy that everyone you share the planet with!! Lol yall dont see the self imposed class war yall maintain by doing that huh?. . not very smart are yall?
Hey Toby, great video! I have a question about rental being in the Last Trust vs. LLC - who's paying taxes on the rental income, if Land Trust does not list beneficiaries? The same goes for a rental box LLC owned by another LLC in Wyoming?