Here is a quick exercise. Go to your city property tax website and search for your name. Alternatively, search your address. Find it?
Thats the problem.
A brief additional search will disclose how much equity you have in your property. Equity is the cash stored in the value of your home after the mortgage is paid off.
Your home is in f
Here is a quick exercise. Go to your city property tax website and search for your name. Alternatively, search your address. Find it?
Thats the problem.
A brief additional search will disclose how much equity you have in your property. Equity is the cash stored in the value of your home after the mortgage is paid off.
Your home is in fact a bank. You make deposits into that bank (monthly payments for the loan) and the invisible hand of the market makes deposits of cash into that bank too in the form of capital growth over time in a rising market.
You can access that growing cash by negotiating a line of credit, a second mortgage, or through a sale.
Others can access that cash through law suits or identity theft and corporate espionage.
Do the exact same search once you are under Ubiquitr’s multilayered defense in depth protection system and nothing will show except an LLC named after the street address. Why use “Street name LLC”? Because the physical reality of the property location cannot be changed. Nothing about a street address ties you to the location.
A search of
Do the exact same search once you are under Ubiquitr’s multilayered defense in depth protection system and nothing will show except an LLC named after the street address. Why use “Street name LLC”? Because the physical reality of the property location cannot be changed. Nothing about a street address ties you to the location.
A search of the Secretary of State LLC records will show the registered address of the LLC under the name of the registered agent. Neither will have any connection to you. Right down to the credit card number that paid for the set up.
Ubiquitr’s protection does not stop there “Street name LLC” will be a subsidiary of a holding company in Wyoming. A search of WY public records will show only the existence of “WY Holding Company”. Nothing more. WY is used because it has the strictest LLC protections available in the United States.
The “WY Holding Company” will be registered under the name of “Random Named Trust”. No personal names or addresses are required. In the United States, Trust documents do NOT get lodged with any governmental authority. They may be called on by lawyers involved in a private property sales transaction but not any government authorities, which is fine because your interest in the property ends with the sale.
If you have purchased your home in your name, the Ubiquitr system can be implemented retroactively. A “sale” will appear in the public record from your name to “Street name LLC”. Don’t worry, you wont pay stamp duty to conduct this “sale”. A nominal fee under $200 is typical depending on the state.
There are two pathways for civil lawsuits
Contingency
A lawyer will take on a no money down job only if they have high confidence they will win. The lawyer agrees to split “winnings” with the client at exorbitant rates - 70/30 lawyer/client - is not unusual. The client would have got n
There are two pathways for civil lawsuits
Contingency
A lawyer will take on a no money down job only if they have high confidence they will win. The lawyer agrees to split “winnings” with the client at exorbitant rates - 70/30 lawyer/client - is not unusual. The client would have got nothing otherwise, so they rationalize that something is always better than nothing. These are typically insurance cases by the ‘ambulance chasers’. It is a racket.
What people do not think about is the next step. If you are unprotected, after they hit the insurance company they will then sue you for your home and other assets on top of the insurance payout. Worse, they now have a legal precedent on their side.
No lawyer will put their time and effort into a contingency suit if they have a reasonable doubt they might lose.
Ubiquitr’s system creates that doubt from multiple vectors. When a lawyer comes to evaluate a contingency case, if they cannot easily find the owner of an asset, or if access to that asset will require court actions in multiple jurisdictions (requiring them to share any winnings with other lawyers), they will almost certainly pass on the case. As soon as they see one of the jurisdictions is WY, which is world famous for its protection of LLCs, they will drop the case dead.
Think of the lawyer and their client as burglars in suits. As they case the street, they will pass on the house with the high fence, security cameras and growing underfed salivating Dobermans. They will go a few doors down where the window is unlocked and cash is clearly visible on the kitchen bench. Without Ubiquitr, guess which house you currently own? Cash on counter house.
Retainer
Lawyers will take any case on retainer. They are getting paid, win, lose or draw. They charge by inputs (time spent), not outcomes (wins), so they have an incentive to drag things out. This is why court cases take forever. People still take this route if they have money to burn, are emotional about the issue in dispute, or judge that their winnings will be substantially higher than the fees to get there. In the retainer scenario, a lawyer will still know very early on if their target is wide open or closed shut - but they will string the client along telling them that ‘there is light at the end of the tunnel’.
While LLCs are incredible protective shields they have no tax downsides. LLCs are known as passthrough entitles in tax law. A pass-through entity (also known as flow-through entity) is a business structure in which business income is treated as personal income of the owners. It is used to avoid double taxation, when business income is sub
While LLCs are incredible protective shields they have no tax downsides. LLCs are known as passthrough entitles in tax law. A pass-through entity (also known as flow-through entity) is a business structure in which business income is treated as personal income of the owners. It is used to avoid double taxation, when business income is subject to corporate tax and then to the owner’s personal income. You can have 100 LLCs they are all treated as elements of your income (and importantly, expenses, which means deductions!)
The Ubiquitr system provides multiple overlapping layers of protection for the lawyer to get through before they can start trouble. Multi-jurisdictional structures with
The Ubiquitr system provides multiple overlapping layers of protection for the lawyer to get through before they can start trouble. Multi-jurisdictional structures with
will completely eliminate all threats, except the US Federal government with a legitimate warrant.
Ubiquitr
Washington, District of Columbia, United States
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