Main Street Business

#591 Benefits of a Privacy Address

18 snips
Aug 22, 2025
Privacy is essential for protecting your personal information while running a business. Discover why manager-managed LLCs are preferable for privacy. Explore how registered agents and privacy addresses can shield your home address from public records. Learn about the six states that require a ghost address and the pros and cons of using PO boxes. The podcast delves into tailored privacy strategies, illustrating the balance between asset protection and personal confidentiality with engaging metaphors.
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ANECDOTE

Drake's Public LLC Mistake

  • Mat and Mark use Drake's Silence Policy LLC as a cautionary example.
  • Naming an LLC to reveal its purpose and listing real names defeats privacy.
INSIGHT

Privacy Versus Asset Secrecy

  • Privacy and asset secrecy are separate goals that require different tactics.
  • Hiding an asset is often easier than hiding your personal identity.
ADVICE

Prefer Manager-Managed LLCs

  • Use manager-managed LLCs instead of member-managed to obscure ownership.
  • Make manager-management your default when privacy matters.
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