Wyoming Asset Protection
The combination of charging-order protection, member privacy, and statute-of-limitations rules that make Wyoming a top jurisdiction for protecting business assets.
Wyoming asset protection rests on three pillars: (1) charging-order protection extended to single-member LLCs as the sole creditor remedy; (2) statutory privacy — members and managers are not listed in public Articles of Organization or Annual Report filings; (3) a four-year statute of limitations on fraudulent-transfer claims, shorter than most states. The combination is why Wyoming is the most common formation state for international founders structuring asset protection alongside business operations.
Also known asWY Asset Protection, Wyoming Privacy
Related terms
- Charging Order Protection — A statutory rule limiting a creditor's remedy against an LLC member to a charging order — the right to receive…
- Wyoming LLC — An LLC formed under Wyoming's LLC Act, the first LLC statute in U.S. history (1977) and widely considered the …
- Single-Member LLC — An LLC with only one owner, taxed by default as a disregarded entity (sole proprietorship for tax purposes).…