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Ask or Search Questions Questions: 1621 to 1640 (of 5757) Previous Page - Next Page 
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#: From / Date: Question / Answer:
5980. Dave
Eagan, MN, USA
Age: 44
Jun 1, 2009
titling LLC
I have an idea to run by you: Lets say your name is Barack Osama and you are starting an internet business where your picture and name and phone number is going to be on the home page of the web site. I have one question about titling the LLC: Could a person title it: Ken Werrington LLC and put that as the name and then you could always speak on behalf of the company as Ken. This would keep your own name out of the picture and there would be justification for answering the phone as Ken since you are speaking on behalf of the company which is in that name?

... Sounds okay to me.

5979. Jenni
Townsend, MT
Age: 41
Jun 1, 2009
LIMITED LIABILITY COMPANIES (LLCs)
What happens when your three years are up for the NMLLC? Who bills you and what happens if you don't want to continue with a LLC? What if the LLC owns property?

... Kitty McMenemy bills you for the renewal. (To do so, however, she MUST have your current e-mail address.)

If the date passes and you do NOT get a statement, then by all means contact her.

Or, if you prefer not to continue, tell her. Otherwise you may keep getting reminders. Eventually, of course, she will resign as resident agent and if you do not renew with some other r.a., NM will cancel the LLC.

5976. Agustin
Buena Park CA
Age: 50
May 31, 2009
Holding Title
I recently purchase a home and made the mistake to hold title in my name and it is public information, what can I do to erase this mistake and hold it as a revoable trust, can you help,thank you. Agustin

... Check with your real estate agent and/or title company to learn how to do this with the lowest possible cost.

5974. Jay
Harrison AR.
Age: 30
May 30, 2009
Vehicles titled in an LLC

From post 5973:
"You should always have a plausible story worked out in advance. Although I strongly recommend that you NEVER talk to the police, there are some times you have to, and identifying yourself is one of those times. And if you hope to be allowed to proceed, you'll need to prove to the cop's satisfaction that you're authorized to have the vehicle, otherwise they will impound and tow it, and then you're in a pickle trying to get a fictional company executive to come get the car released. That's one downside of titling a car in a company name."

While I agree one should be careful in what is said to law enforcement it is a big misconception that police are strangers to stopping and dealing with vehicles registered to business.

As a former LEO I would estimate that a forth of all the cars I ever stopped in my career didn't belong to the driver of said vehicle. Police stop business owners, rental cars, spouses with different names, friends borrowing vehicles to move furniture, ect everyday of the week and the simple fact the vehicle is registered differently in and of itself doesn't raise any eyebrows.

On simple traffic stops, assuming the vehicle is not reported stolen or there is no probable cause to believe it was just used in the commission of a crime one does not have to prove authorization to operate any vehicle in any state.

Also the police have no right to detain you (or your vehicle) any further simply based on that as they have no way to verify your allowed to operate it or not. All things being normal if they do tow it, seek out a good lawyer as you now have an excellent lawsuit for the police violating your 4th Amendment rights against unlawful search and seizure.

And yes I understand every ones dislike toward law enforcement but no cop worth his salt is going to put himself in danger of a civil action over something so trivial as this.

... Excellent information, Jay. Very much appreciated!

5973. Seth
collbran, co
Age: 50
May 30, 2009
LLC Letter of Authorization in Car
"Seth, when carrying around in your car a letter of authorization (or when going to the DMV to transfer in the name of the NM LLC), is it better to use your real name or the "bearer" of the document? Bearer protects my privacy more, but may not fly with the cops or the DMV should I have to prove I have signing privileges of the LLC."

A "bearer" authorization sounds like a good idea, but I agree that the police are going to doubt its authenticity because anyone could type it up. A letterhead document signed by the "president" of the company (who in my case is me, under my pen name) authorizing a specific person, you, to possess the vehicle ought to be sufficient, and will be more trusted because it specifically links you to the car. You're going to be giving the cop your driver's license anyway, so it's going to end up linked to you anyway, though to what extend depends on the department, it's records system, and the offense.

It might also be useful to carry a photocopy of the official NM document to prove that the company actually exists.

You should always have a plausible story worked out in advance. Although I strongly recommend that you NEVER talk to the police, there are some times you have to, and identifying yourself is one of those times. And if you hope to be allowed to proceed, you'll need to prove to the cop's satisfaction that you're authorized to have the vehicle, otherwise they will impound and tow it, and then you're in a pickle trying to get a fictional company executive to come get the car released. That's one downside of titling a car in a company name.

You can, of course, be up front with the registration folks and the police and simply tell them you own the company and title your vehicles in its name for privacy purposes. That's not illegal after all. The benefit of this is that you can have the authorization letter notarized with your signature on it, which adds to its credibility.

If you want to use a nominee as a putative company officer, select him/her carefully, because you'll be giving them legal authority over your vehicle. A family member using a maiden name would be good, or a trusted friend. Just be sure to fill them in on what to do if the cops call for verification of your authority to have the car.

Of course the best plan is to drive carefully and not get stopped....

... I've been stopped several times during the past seven years. In each case, I was asked if I worked for the company [the LLC that owns the car]. Each time I answered, "No, I own the company." No further questions were asked, even though my DL is from one state and the license plates are from another.

The key to the problem is to remain totally calm, respectful, and mention the ownership in a matter-of-fact way, not showing any nervousness. (Why be nervous? You DO own the LLC, right?)

5972. Lila
01129
Age: 40
May 29, 2009
Re: Asian Cell Phones #5961
In post #5726, I referred to an article I found that said Egypt does not allow GPS in cell phones sold in their country. I think Egypt is in Africa, so I don't think I would trust the Freedom Phones from Asia.

I haven't been able to pursue the Egypt phones myself, but it might be a nice little business for somebody to have Egyptian cell phones sent to them and then resell them to privacy followers. It would be great if you could find a way to verify for sure that each phone was, in fact, lacking GPS.

On a side note, Egypt appears to only have GSM phones (AT&T & T-Mobile). That leaves out phones that can work with Alltel, Verizon (CDMA) & Sprint / Nextel (IDEN). By the way, for deciphering cell phone info, I use phonescoop.com and howardforums.com.

Submitted Link #1: http://www.edibleapple.com/apple-nixes-gps-on-ipho...

5971. Lee
Flagstaff, AZ
Age: 35
May 29, 2009
Re: Seth, LLC Letter of Authorization in Car
Seth, when carrying around in your car a letter of authorization (or when going to the DMV to transfer in the name of the NM LLC), is it better to use your real name or the "bearer" of the document? Bearer protects my privacy more, but may not fly with the cops or the DMV should I have to prove I have signing privileges of the LLC.

5970. Pat
Kansas
Age: 40s
May 29, 2009
Internet Privacy Expert
I am starting a controversial website and, thanks to your books and website, I am very knowledgeable about computer and internet security, but I'd like to talk with someone really knowledgeable about servers, proxies, ISP's, etc. to help me set up a secure website. Do you have a guru you currently recommend?

A search (on the recommendation of Katherine Albrecht, RFID / Spychips.org, I now use ixquick.com which doesn't track searches like Google) came up with Richard M. Smith as a computer privacy expert and activist. Anybody know anything about him? I extend my appreciation in advance for any advice!

... Pat, I have a source for you BUT ... you chose to not include your e-mail address, so he is unable to contact you! [UPDATE] Pat later sent me his number and I passed it on to my source.

5969. Scott
San Diego CA
Age: 35
May 29, 2009
Aircraft
If I transfer an aircraft into a NM LLC, wont I have pay the same sales tax to NM again that I paid when I first bought the aircraft in CA?

... Check first. In many states, when you switch a car from personal to LLC name, there is no sales tax because you explain at the DMV that you own the LLC and are gifting to vehicle to it. It may be the same for aircraft.

5968. peter
Miami FL
Age: 35
May 29, 2009
web site
hi jj, can you please leave a link for your other blog site on the Q & A page so i can check it frequently? i already have your how to be invisible as my home page for the last several years and would like to check out your blog more regularly. Keep on trucking!

Submitted Link #1: http://invisible-privacy.com...

... Apparently you have this Q & A page as your home page. Click on the tab HOME at far left. You will see a link to the blog at the bottom of the HOME page, along with the current headline. There is usually a new post every Monday at about 12:10 AM.

5967. Seth
collbran, co
Age: 50
May 29, 2009
Insuring vehicles titled to an LLC
I've been with State farm for over a yr. Today got a call my policy went under review, since my car title is under a llc they are giving me two choices. Change titles to my personal name or get insurance under commercial. I already told them "the LLC has only these two cars no other assests, we don't sell or sales etc..." Any better one gone through this already? What are my choices? Jack replied: "... I think this has been discussed before. My current advice to to get insurance under your own name, even if your car is titled with an LLC. (If a PI has your license plate run, insurance information will NOT come up.)" This doesn't answer the question, Jack. His problem is that the insurance company will NOT insure a vehicle that is owned by an LLC under a personal policy. This is true of many insurance companies, because they assume that if a business owns the vehicle, it's being used for business purposes, and the rates are different for business policies.

In such situations you have a choice: either find another insurance company that will, after disclosure, insure a vehicle held in an LLC with a personal policy, or pay something extra and have your vehicle commercially insured.

I'm looking into a fleet policy for my vehicles, which may give me comparable rates if I certify that the vehicles will be driven only by drivers over 40 years of age. A fleet policy combined with LLC ownership pretty much completely divorces the vehicle from the individual.

But, be sure to carry a letter of authorization from the LLC that authorizes you, the individual, to possess and use the vehicle along with your other papers, so the police don't seize the vehicle as potentially stolen.

5966. Josh
Seattle, Wash.
Age: 36
May 28, 2009
Re: Car insurance (James; #5960)

I agree with the comments in #5963. Several years ago, I dumped my incompetent insurance agent. I asked the manager of another office of the same insurance company to recommend his best, most detail-oriented agent, mentioning that it was my intention to transfer all my existing home and car policies to her.

Since then, I've had no troubles with my policies. As recommended by Mr. Luna, my car insurance policy is in the name of "J. Lastname d/b/a Company LLC." My agent became completely satisfied with this setup once I explained to her that the insured vehicle is (a) not used for any business purposes (which would thus require a commercial policy) and (b) titled under the LLC name.

I don't use State Farm. My insurance company does car insurance in 25 states, though, so I know that you can find at least one major insurance company to cooperate. I recommend you find a better agent or a better company.

5965. Stan
Atlanta
Age: 43
May 28, 2009
Cell phone spyware info
Let it out of your sight for just a few minutes, and your smart phone can be turned into a rogue agent that spies on you.

FOX 26 News tested one such program. It cost $250 and took about ten minutes to install on the target phone.

Once activated, the spyware revealed the calls placed by and received by the phone, listing phone numbers, times, dates and length of each call.

It also logged every text message, both incoming and outgoing.

And it enabled a third party to dial in to the target phone without detection, activating the microphone so the spy could hear everything said in the vicinity, even though the phone itself appeared to be "asleep."

Submitted Link #1: http://www.myfoxhouston.com/dpp/news/weird/090520_...

... Stan, I discussed this in the e-mail that I recently sent out to everyone on my list. (Most are from buyers of e-books or ghost addresses.)

If you are not getting my e-mails (sent every 3 to 5 weeks), let me know.

5964. Susan
Cleveland, OH
Age: 53
May 28, 2009
The Case for Working with your Hands
Interesting article, which reinforces the advice to Skip College and work for yourself.

Submitted Link #1: http://www.nytimes.com/2009/05/24/magazine/24labor...

5963. Elizabeth
Monterey, CA
Age: 54
May 28, 2009
For James, #5960, Re: Car Ins
James, I think the problem is that you are using State Farm. If they will not allow you to have your car titled in an LLC and the policy in your own name, as Mr. Luna recommends, then you need to find another insurance company. Many companies will have no problem with what you want to do. Personally, I found State Farm to be quite picky, and I dropped them. I'm not surprised you had this trouble.

... A lot depends on the agent of any company. Sometimes you can keep the same company if you are willing to switch to another agent.

5962. james
dallas tx
Age: 35
May 28, 2009
5960
"... I think this has been discussed before. My current advice to to get insurance under your own name, even if your car is titled with an LLC. (If a PI has your license plate run, insurance information will NOT come up.)"

This is what I've been doing for the last yr. Insurance under my own name car titled with an LLC. Statefarm wants me to title the car under my own name or issue new insurance under the LLC as commercial.

5961. Dave
Eagan, MN, USA
Age: 44
May 28, 2009
Asian mobile phones with no chip?
Hello: I saw a telephone deal called the Freedom Phone advertised recently. The seller says that phones made in the USA and in Europe have a tracking chip in them but the phone he can sell you from Asia does not. Does this information sound plausible?

... Not to me, but see #6001.

5960. james
dallas tx
Age: 35
May 28, 2009
car insurance LLC
I've been with State farm for over a yr. Today got a call my policy went under review, since my car title is under a llc they are giving me two choices. Change titles to my personal name or get insurance under commercial. I already told them "the LLC has only these two cars no other assests, we don't sell or sales etc..." Any better one gone through this already? What are my choices?

... I think this has been discussed before. My current advice to to get insurance under your own name, even if your car is titled with an LLC. (If a PI has your license plate run, insurance information will NOT come up.)

5959. Nona
SF, CA
Age: 44
May 28, 2009
Hacked PC
"Computer users often dismiss Internet security best practices because they find them inconvenient, or because they think the rules don't apply to them. Many cling to the misguided belief that because they don't bank or shop online, that bad guys won't target them. The next time you hear this claim, please refer the misguided person to this blog post, which attempts to examine some of the more common -- yet often overlooked -- ways that cyber crooks can put your PC to criminal use."

Submitted Link #1: http://voices.washingtonpost.com/securityfix/2009/...

5958. Roger
Baytown, Texas
Age: 58
May 27, 2009
Linda #5948
When you retire it may be possible to leave the money in your employer's plan. If it is not rolled over to another qualified plan or IRA it would be considered a withdrawal and taxes will be due and maybe penalties. It is not necessary to start an LLC to have a qualified plan, you can be a sole proprietor and have a qualified plan. There are several advantages to having your own qualified plan over an IRA. You can withdraw the money without 10% penalty at age 55. You must be 59 1/2 to withdraw from an IRA without a 10% penalty except for a 72t election and certain other limited exceptions.


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