Articles
Corporate Direct is your site for creating your financial future.
Corporate Direct delivers the edge in business and wealth building. Asset protection, registered agent services, incorporation services, tax savings, real estate and investment strategies and tons of free resources are all here.
Why Wyoming Will Become the New Blockchain Mecca
Blockchain technology is becoming ever more prevalent in today’s highly technological world, and Wyoming has recognized this.
How to Avoid Being a Victim of Rental Scams
According to data reported by Forbes in July 2018, U.S. renters lost a staggering $5.2 million to rental scams.
U.S. Supreme Court Unanimously Rules: States Can’t Tax Out-of-State Trusts
Do you live in a high-tax state? Would you be better off having assets in a trust in a state with no taxes?
Paul Manafort Case and Metadata: The Overlooked Factor That Determined His Fate
Instead of cutting and pasting the redacted information into another document, as Manafort’s attorneys should have done, they simply blacked out the information in the same document.
Are Individuals Protected Within Their LLC?
LLCs are set up to make personal assets inaccessible for any obligations of the entity. Protection may be lost, however, if you are not aware of your personal conduct when managing business through your LLC.
Ultimate Guide to Vetting a Business Partner
Business partnerships can bring together individuals whose complementary skills and experience can help the venture succeed.
Case Study: Florida Single Member LLC’s and Charging Orders
When it comes to charging orders, the key asset protection feature of LLC’s and LP’s, there are two opposing trends.
9 Rules to Consider Before Signing an Arbitration Provision
Binding arbitration is becoming a popular method to resolve disputes in real estate transactions. Arbitration provides certain advantages that courts do not.
Sales Taxes are a Big Issue in 2019
Sales tax policy has changed dramatically within the past year, thanks to the Supreme Court ruling of South Dakota v. Wayfair, Inc.
Guardianship Abuse: Are Your Parents Protected From a State Sanctioned Nightmare?
Then all of a sudden, somebody comes to your parents’ door with a court order mandating that they be moved into an assisted nursing care facility.
Protect What’s Yours: The Top 10 Benefits of Incorporating Your Business
Starting your business from scratch is a big deal. There are a million details to take care of, and the list of demands can seem endless.
Are You Buying A Home With All Cash? Here’s Why You Should Reconsider
Buying a home with all cash? Before you make the purchase, consider the consequences based on the rule governing real estate in 22 states.
Do Land Trusts Provide Asset Protection?
Have you heard that land trusts provide asset protection? Do you believe it? Even in their state of creation they don’t protect ‘beneficiaries’ from liability.
New Rules for HELOCs
Have you ever tapped the equity in your home to pay for a new car or a college tuition? With a HELOC, also known as a home equity loan or line of credit, you could do so.
Does Asset Protection Trump the US Constitution?
Although states with asset protection legislation may purport to hold exclusive jurisdiction over asset protection trusts, this may not always be true when another state has personal jurisdiction over the debtor.
Five Steps for Real Estate Asset Protection
When purchasing real estate, it’s critical to protect ourselves and our possessions from lawsuits. We live in the most sue-happy society, in one of the most litigious times, and you need to protect yourself.
Media And Tech Giants
The media and tech elite in America lecture us that our voting system is unfair, easily colluded with and leaves millions of people disenfranchised.
State Franchise Fees: Beware of Delaware’s New Rules
Delaware recently increased the various fees assessed by their Secretary of State as Annual Franchise Tax Fees for Delaware corporations.
Estate and Gift Tax Exemptions Increased for 2018
Planning your estate, or to give a very generous gift? You’ll want to hear the new 2018 rules announced by the IRS on changes to the estate tax & gift tax.
Using LLCs to Hold Paper Assets
Using an LLC to hold paper assets is good planning. If sued personally they will benefit from the charging order protections in strong states like Wyoming.
Lessons from a New York Court Case on Piercing the Corporate Veil
Keep business and personal dealings separate, or it may cost you. This is what happened in this piercing the corporate veil New York court case. Learn more.
Do You Own California Real Estate? Courts Create New Tax for LLCs Holding Real Estate
Owners of LLCs holding California real estate beware! A recent case allows cities to asses Documentary Transfer Taxes like never before. Learn more.
New IRS Rules for LLCs and LPs Require Amending Operating Agreements Immediately
The IRS has instituted new audit rules which require every LLC Operating Agreement and Limited Partnership (LP) Agreement to be amended.
Safe Deposit Security for Wyoming LLCs
Did you know where you determines how much you lose in a lawsuit. Fortify your LLC by holding LLC certificates in Wyoming for superior asset protection.
13 Tips for Responding to IRS Notices
You can contest many IRS tax bills, although there are times not to. When you disagree with the IRS, procedure is important.
Is Your Website Ready For ADA Compliance?
Is your website ADA compliant? If not now, at some point in the future you may be required to bring your website into compliance with WCAG 2.0.
Registered Agent Service Could Save Sued Business Owners Big Money
Every corporation, LLC, or limited partnership is required to have a registered agent, to collect important legal documents for the business.
Offshore Asset Protections Diminished
Want offshore protection? This court case illustrates that you should go offshore to get it, or simply protect assets in states with strong protection.
Strong State LLCs Can Protect You From Excessive Charging Orders
A charging order is a lein on distributions from an LLC. When someone sues you & wins, they want to collect. States enforce the law differently.
Is Your Business Ready for a Cyber Attack?
Businesses of all sizes can be targeted by hackers trying to steal information. Learn how to prepare your business with a cyber liability insurance policy.
Corporate Attorney and Asset Protection Expert, Garrett Sutton, Featured on Bravo
Watch Garrett Sutton’s interview with Jack Canfield on Hollywood Live. They discuss asset protection and share tips for business success.
Is It Best to Do Business as a Sole Proprietor?
Doing business as a sole proprietor is easy, but is often not the best choice for building business credit or protecting your personal assets.
What is a Registered Agent? And Why Do I Need One?
The Registered Agent is a legal requirement for a good reason. Without one, you will likely lose all your lawsuits and it could cost you money.
Effective Wyoming LLC Strategy for Asset Protection
Wyoming offers the strongest asset protection law in the country. The changing order lien is the exclusive creditor remedy, even for single member LLCs.
Texas LLCs Lose Charging Order Exclusivity Protection
Texas was considered a strong LLC state. But strength evaporated with one court decision, in Texas in August 2016. Learn what Texas LLC owners should do.
How Real Estate Professionals Can Use Rental Losses as a Tax Write-off
Are you a Real Estate Professional? Learn what steps you need to take to legally write-off rental losses and offset a spouses ordinary income.
Protect Yourself from CPN Number Scams
Is a CPN number legal? Find out how to avoid these scams when looking to repair bad credit. Find out if prison time comes with a CPN number.
How to Pay for Your Child’s College Education with UTMA Accounts
Paying for your child’s college education or giving them assets can create problems for parents. UTMA Accounts are a good way to plan ahead & save on taxes.
What are Articles of Incorporation & Articles of Organization?
Articles of incorporation establish the existence of a corporation in the United States and Canada. Learn what you need to include and should not include.
Garrett Sutton on William Shatner’s Moving America Forward
Garrett Sutton discusses how entrepreneurs should set up to protect themselves against liability on William Shatner’s “Moving America Forward”
Why You Always Want A Wyoming LLC
Are you protected if you’re in a car wreck or are sued? Will your LLC assets be sold to pay the lawsuit winner? It depends on the state, but Wyoming is best
Blazing The Paper Trail: Document Management For Entrepreneurs
For entrepreneurs, there are crucial documents that have to be preserved and tracked in physical form. It’s vital to have a method for filing your documents
What are Angel Investors and Venture Capitalists?
Angel investors and venture capitalists (VCs) both provide early funding. The similarities end there. Learn the differences and how they benefit you.
5 Step Checklist to Picking a Successful Business Name
Could a business name influence personal liability, business credit or even your ability to run your business at all. The answer to all the above is, “yes.”
The 7 Most Common Legal Mistakes Startups Make
In the shuffle of setting up your startup, ensuring all legal requirements are properly handled can seem like just another overwhelming chore.
Courts Strike Down Another IRA Investment Scheme
We’ve warned against risky investments using retirement monies. But this latest case may put IRA investment scheme promoters behind bars. Avoid this scam.
You Need This For Asset Protection in California
By Garrett Sutton, Esq The state of California has implemented rules (and costs) for business owners and holders of real estate located within California. Up until recently, because California has a weak asset protection law for LLCs, we structured many of our...
Why Incorporate In Nevada or Wyoming?
Nevada and Wyoming both offer excellent asset protection benefits and no state taxation. The corporate and LLC laws in each state are business friendly, and under the favorable laws directors, officers, shareholders, managers and/or members do not have to live or hold...