New Mexico LLCs

psholtz · #1 03-01-2007, 09:38 PM

I've exploring asset protection options, and I'm researching New Mexico LLCs..

How safe are these? Does anyone have experience w/ these (positive/negative)?

What's the best way to go about setting up a New Mexico LLC?

joseph sugarman · #2 03-02-2007, 06:15 AM

psholtz,

You state you are exploring asset protection options, and researching New Mexico LLC's. You ask about the safety of them. You ask about the best way to set one up.

I will answer the last part first, since it is the easiest. You can contact the Secretary of State's office in Albuquerque directly to get the forms. They may even have a way for you to get them online. Of course, they will be able to quote you any fees involved, and answer any questions you might have about requirements. Additionally, you can go online to the New Mexico statutes or codes, and read all of this for yourself before you contact the office.

In the alternative you can contact a company doing business in New Mexico as a corporate agent, which you will need in any case, and a business formation service company. You can pay them their fee to handle this for you. You will be able to find some of these online.

Your question about safety is ambiguous as it is indeterminant whether you want to know about the general safety of doing business as an llc; or how safe is New Mexico as a domicile compared to other states as a domicile for an llc.

The other ambiguous question is your statement about exploring and researching. You do not inform us what other avenues of exploration and research you are pursuing. Without more information from you, it is difficult to provide anything more substantive.

Joseph Sugarman, design@dream-home.com

Grench · #3 03-02-2007, 11:25 AM

Your looking to far away, pal. Go to your local treasury deparment (the one that, allow's the city to do open "tax season" on your property, motor car, and other public 'obligation's') and get his/her oath of office and bond. Attach to it whatever asset's (on paper ONLY)you have.

[Note: If you place them in a bank give the bank a notice with the fiducary appointment, the oath, and the bond so, when the IRS/county come's after you you'll have all your doc's on he/she "protecting you" by way of oath and bond. You don't need the fiducary appointment but, it will asure the direction's of the holder to be of the treausry. The appointment take 10 business days as opposed to doing the notice without it to the bank and the treasury and getting things rolling within the same day.]

Take all the papers you have (statement, oath, bond) and put "GIFT" in big blue (sky blue so, the paper's can still be read) over ALL the paper's. The bond is more then likely worth more or less so, you have to do a different filing then the one you'll make the offer of the 'gift's' to the treasury and the bank with.

Now, when you place your asset's in the bank and place them on notice of the fiducary (the treasury to the bank and notice to treasury) you take a Schedule a Schedule B form (IRS tax form) and send it to the IRS with ALL "evidence" of the treasury's "acting" for the indebtness of a tax "offer". The treasury with "off-set"[IF, he/she is smart/check banking and banking law's] the charge and your money will be tax free! As a matter of "fact" you should also file ALL the papers into the recorder office so, he/she can not escape the "bum rush" (street slang for smash-ya-motha****en-ass!) of the IRS. The IRS will also give you a tax "break" and will pay you the "difference" of the gift if, not all the hole whop!

Phil
Without Recourse

P.S. For those of you that, have assets that is NOT 10K (thousand) or better then, I would suggest you place a dollar amount (GIFT FOR 100,000.00 THOUSAND DOLLARS) accross whats been "offered" to you by anyone or if, you want to make a bad "situation" for someone then, thats what you'll need to do.

Grench · #4 03-02-2007, 02:26 PM

Look here: http://www.supremelaw.org/cc/william...opposition.htm Getting a mec. file and recording yourself as a 'middle man' by way of LLC and the trasnfering 'power' of the (U)nited State's (State's United).

How to "act" like a "private" (look on a dollar bill) attorney general look here: http://www.supremelaw.org/decs/agenc...ey.general.htm As an 'agent' of the State's United (United State's) you could intervenue into your own affair's by way of ceritfed record.

Regards,
Phil
Without Recourse

P.S. The object of civil RICO is thus not merely to compensate victims but to turn them into prosecutors, "private attorneys general," dedicated to eliminating racketeering activity.....

Logan · #5 03-02-2007, 02:51 PM

Quote:

Originally Posted by psholtz

I've exploring asset protection options, and I'm researching New Mexico LLCs..

How safe are these? Does anyone have experience w/ these (positive/negative)?

What's the best way to go about setting up a New Mexico LLC?

I suggest you read J.J. Luna's book: "How to Be Invisible". I used his method to establish an unrecorded nomini officer New Mexico LLC.

Logan

P.S. Some references to his book can be found on this site.

psholtz · #6 03-02-2007, 05:45 PM

Quote:

Originally Posted by joseph sugarman

Your question about safety is ambiguous as it is indeterminant whether you want to know about the general safety of doing business as an llc; or how safe is New Mexico as a domicile compared to other states as a domicile for an llc.

The other ambiguous question is your statement about exploring and researching. You do not inform us what other avenues of exploration and research you are pursuing. Without more information from you, it is difficult to provide anything more substantive.

Joseph Sugarman, design@dream-home.com

Yes, I apologize for that ... my question was a bit vague.

My goal is first and foremost to be able to do to safe/private banking somewhere. Ultimately I'd like to set up an offshore IBC, but in the near term I'm looking for something a little more cost-effective and closer to home.

I'd also like to explore the possibility of placing movable assets, esp a car, into the LLC...

Thanks for your answers..

psholtz · #7 03-02-2007, 05:47 PM

Quote:

Originally Posted by Grench

Your looking to far away, pal. Go to your local treasury deparment (the one that, allow's the city to do open "tax season" on your property, motor car, and other public 'obligation's') and get his/her oath of office and bond. Attach to it whatever asset's (on paper ONLY)you have.

I'm not sure my county has a local "treasury" department but they do have a County Clerk..

Is that the official you're talking about?

joseph sugarman · #8 03-03-2007, 03:38 PM

psholtz,

Now that you have stated what it is you want to do; that is, engage in private banking, whatever that is, and put movable assets into other forms of ownership: I now can make some suggestions.

Neither of these abouve mentioned practices require the formation of an LLC; as a matter of fact, there are numerous reasons why you should never even consider them.

The first, and most important, reason is the LLC is a creature of the state, and is therefore regulated. This condition exists no matter what state you form in. There is no way for you to conduct 'private banking' in the form of an LLC.

As for movable assets such as automobiles; the only form to put one in is a trust. Many states recognize forms of trust requiring not even any public notice for their existence.

However, there is one great caveat for this procedure. Do not place anything you already own in your own name in any trust. You will most certainly, at some point in the future, run afoul of the Statute of Frauds. Even if you were to properly fund the trust to make the purchase, do not do it. The trust must be created, and then purchase something different from that which you already own.

It seems to me you have a tremendous amount of serious, legal research to pursue before you do anything.

Joseph Sugarman, design@dream-home.com

James · #9 03-03-2007, 05:38 PM

For information on banking in privacy, get a free
"Asset Protection Crash-Course" at http://www.keepyourassets.net

Grench · #10 03-03-2007, 07:58 PM

Quote:

Originally Posted by psholtz

I'm not sure my county has a local "treasury" department but they do have a County Clerk..

Is that the official you're talking about?

The treasury does all the 'municipal' accounting. If the county clerk does all the audit's (on county tax's), issue warning's of finanical proceeding's (judgement in lien by the municipal office of the treasury), and does ANY account for public auction's then, that's ya man!

Regard's,
Phil
Without Recourse