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Wy Legal Form

Wy Legal Form

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well I mean Wyoming llc's are like the most screwed up asset protection tool I ever see anyone use and I don't know why it is but everybody thinks a Wyoming LLC is what everybody needs for every situation that is not the case as an attorney we set up thousands of llc's every year 99 out of 100 llc's are not Wyoming llc's I mean we want to set up Wyoming LLCs for clients we can set them up we set them up all the time but it's only for a specific situations the Wyoming LLC is so overused so I want to explain how the Wyoming LLC works and why you might need it but frankly some of you probably have Wyoming LLC and you need to shut it down and set up an LLC in the state you're actually doing business so let me start with that you should set up an LLC in the state you're doing business if you're an entrepreneur doing business in Arizona you should have an Arizona LLC if you're a real estate investor owning proper

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