- Some people are pushing IBC’s and Trusts now a days and it is “suggested” though not required that you place each piece of real property in a separate LLC. “There has to be a better way” I thought to myself ! Then I was introduced to International Business Corporations. They are a bottomless pit for as much as you have in one place and it will never be found ! I don’t sell them either. I do know a couple of places who do ! The other guys are lawyers selling a seminar. Try this for size.
IBC’s are by far one of the best solutions. Along with an APT (Asset Protection Trust).
Is there a reason for this post besides shameless advertising?
Offshore business and investment activity is usually conducted with an entity known as the International Business Corporation. The IBC may be used to hold and segregate Dangerous Assets, located overseas, that you would not own directly in an APT or Offshore Trust.
This is really overkill for investors on this forum, most of whom own single family homes in America. Like using a sledgehammer to kill an ant. I use a land trust for safe title transfer, privacy, asset protection and probate avoidance.