Jim Hebin's Guerilla Asset Protection
Jim is a firm advocate of the technique that has also been taught by Lou Brown of giving a trust a name that indicates that it only someone heartless would try to sue it. For example, the Amputee Orphans of Florida Trust.
Do trustee resignation letter at the same time as trustee is appointed. Fill
in the date later as required, attach the original pen to the document.
Name the trust using a fake SSN. It is not really a fake social security number, it is just a number in the 999-99-9999 format that SSNs are. If someone wants to interpret that as a social security number then that is up to them.
Overencumber properties. E.g. 17% note with no payments.
Warranty deed warrants that title is good. Quit claim deed just abandons
interest to you.
Garn-St Germain Depository Institutions Act of 1982 says that transferring into a trust is not an acceptable reason for acceleration or alienation of the loan, that is, calling the loan due.
He recommends using incsmart.biz to get a wyoming llc company
which is very cheap.
Mentoring is available.
Nevada and Wyoming are the only two states where an SSN is not needed to incorporate. Privacy is preserved. However it costs about $2500 to set up and $800 a year to maintain. I don't know if that is because you need an intermediary to do it for you or because of its intrinsic costs.
