Hide Alternative Choice to the Nominee Agreement and eSign it in minutes

Aug 6th, 2022
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How to Hide Alternative Choice to the Nominee Agreement

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hi this is the business guy with asset protection planners and lawyers limited would you like to set up an llc and make sure your name isnt all over it for people who want to sniff around to sue you if you already have one or more llcs maybe its too late once your name is on the company its game over even if you change the manager your name still appears in the history of the company and people can tie you to it say you have eight different llcs all with your own name each one owns a different rental property somebody sees you have eight llcs and the next thing they do is say hot dog weve got somebody with deep pockets lets go after him or her were talking about how to keep your llcs anonymous so nobody knows you own them but you ive been in the asset protection from lawsuits field since 1991 and bring you my personal experience our company started in 1906 we have attorneys on staff and have employees nationwide and if youre watching this on youtube please click the like bu

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Criminals generally use a combination of methods to conceal their beneficial ownership in legal entities. This can take place through layering, direct ownership chains, as well as professional intermediaries and third parties exercising control on their behalf.
Reason for such arrangements The person who is named as the owner is the nominee while the person who actually paid for the shares is the beneficiary. The beneficiary often feels that there is a need to be not named on the register of members as a shareholder and hence enters into such an arrangement.
❖ Nomination facility simplifies the procedure for settlement of claims of deceased depositors as bank gets a valid discharge by making payment of the balance outstanding in a depositors account at the time of his death or delivering contents of locker or articles kept in safe custody to the nominee.
A nominee shareholder is a person or company holding shares on someone elses behalf. The main form of a nominee is a trustee holding shares on trust for beneficiaries or a company acting as a nominee for overseas investors.
Corporate vehicles often play a central role in concealing the proceeds of corruption, money laundering and the beneficial ownership of illicit assets.
A nominee agreement is an agreement where one person agrees to act on behalf of another person in certain legal matters. A nominee agreement is like a power of attorney but may be broader in scope. A nominee may receive a payment for services or may agree to conduct the affairs of without charge.
Becoming a Nominee of One Person Company The nominee must be a major, Indian citizen and Indian resident. A minor cannot beocme a member or nominee of a one person company or be able to acquire shares in another one person company.

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