Why Get a New Mexico LLC

The New Mexico LLC offers all the benefits of Nevada and Delaware entities at a fraction of the cost.  In fact, no other state offers the degree of privacy and low cost of New Mexico. A few of these benefits are anonymity, legal protection, and flexibility.  Additionally, LLCs are much easier and cheaper to maintain than corporations while offering every bit of the liability protection. Both Nevada and Delaware require Annual Fees and Reports whereas New Mexico does not. Nevada LLC's require personal information and Nevada Corporations involve hiring nominee officers and directors. New Mexico does not have these restrictions. New Mexico also has the upper hand over Wyoming because Wyoming charges an annual fee of $50 and New Mexico does not.
 no public record of who owns the LLC  Not even the state knows who owns the LLC unless you choose to disclose that to them.  With Bearer Membership Certificates you can achieve an even higher level of privacy and asset protection.

The New Mexico LLC can be operated so that it has no tax liability. Members of the LLC are responsible for reporting their share of profits on their personal tax return and paying the taxes that they are liable for. A limited liability company is a powerful tool that can help you minimize taxes.  Simply having your own business can be one of the most powerful tax shelters available since it allows you to take numerous tax deductions that are otherwise not available at the personal level.

The New Mexico LLC is a low-profile, extremely affordable (some asset protection entities are priced in the tens of thousands which is totally unnecessary), and is a "top shelf" asset protection tool.  It is the entity of choice for those seeking ultimate asset protection and privacy. 

the NM LLC better than a Land Trust, Living Trust or Irrevocable Trust

 Combining an Invisible New Mexico LLC with an Irrevocable Trust makes it even more powerful.   A trust requires a Trustee, a Settlor, and Beneficiaries. This takes a little extra effort to set up and the problem is that someone else knows your business (the Trustee) and you have to pay them even if payment is only in the form of increased "love and affection" toward a family member or friend who does it as a "favor". You also have to "trust" this person because they have power to convey the assets of the trust. Trusts must also be set up with a limited duration of existence. New Mexico LLC's can be set up to have perpetual existence.

Most trusts, including land trusts and living trusts, are "revocable" trusts. This means that a creditor can force you to revoke the assets that you transferred and bring them back within their reach. An Irrevocable Trust means that you relinquish ownership of the asset to the Trustee which means a creditor can't force you to turn over the asset.

An Irrevocable Trust can give you added protection by having it be a co-owner of the LLC. For example, you could own a percentage of the LLC in your own name and the Irrevocable Trust can own the rest. You will have access to sample Irrevocable Trust documents in our Member's Area when you purchase your Invisible New Mexico LLC package.