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Originally Posted by
exkc135driver
With regard to the naming of a corporation/LLC -- as I have said in other posts, if Mr. A forms "Machine Gunz R Me, Inc." for the purpose of owning an NFA item, and Mr. B forms "Sunny Breezes, Inc." for the same purpose: (1) who is more likely to get burgled?; (2) even though some info about Sunny Breezes is a matter of public record, who cares? What assets it holds is not a matter of public record.
Right - I don't think we disagree. My point was that it makes sense to think about what you name a LLC or Corp, but it probably doesn't matter for a trust.
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It's time to set this "public record" thing straight. In most states, what is on public record is innocuous info such as the name of the corporation/LLC, its principal office address, the name and address of its registered agent, when it was formed, etc. The corporation's other office addresses need not be disclosed. So, even if Mr. A is stupid enough to form a corporation with a name as stated above, the corporation could keep its sensitive assets in another location.
Unless you want to lease an office space to put down as your principal place of business, and pay someone else an annual fee to be your registered agent, what names and addresses are you going to put on there? Are you going to have multiple locations for a company that you form just to own NFA items? Seems more than a little ridiculous.