Don’t know if OH is different than CA, but basicly there are 2 places names are disclosed
Agent of service
Which can be your wife, friend, or a company that performs such a service.
And the “officer and directors” form (forgot what it’s call), and there the manager is disclosed. The simplest way to make you the signatory for the LLC is to make you the manager, which then exposes you.
I suppose you could do a POA get signature authority from your wife, or “blindly” manage the trust.
If these are assets to which your ex is entitled, it will all come out in the wash.
I’m ready to apply for my LLC business in Ohio. When filling out my paperwork, what explaination should I use when they ask for the “purpose of business” so I am not recognized as a real estate “agent” or “dealer”? I will be doing various deals including rentals, rehabs, mobile homes, flipping, etc.
Also, my wife will be involved with the business and I don’t want my ex-wife to know I’m involved as she might try to take my money somehow so I want to be “hidden” from the LLC if possible. Should I just have my wife make it a single member LLC? I will be doing most of the deals and I want to be able to write checks from the company also.
This is very confusing for me and any help would be greatly appreciate it.
Thanks,
Frank
Look a little closer at that Organization/Registration of Limited Liability Company form from the Sec of State. It clearly says that filling in the Purpose is optional. So…don’t do it. It can only get you in trouble. By that I mean that …what if you decide to do something totally different with the LLC than what you put. Then they could have a basis for giving you trouble.
Try this…go on to the Sec of State site and do some searches for LLCs (just try common or misc names and screen for LLCs) and see just how many people actually put a purpose. They’re aren’t many.
In fact, most of the entries are optional! So, don’t put anything on any of the optional lines.
You have to have a statutory agent and an authorized agent to complete this form. You can have your LLC formed by others such that you are anonymous.
As for writing checks. That doesn’t really have anything to do with submitting the articles of organization to the Sec of State. You just have to be a co-signer on the bank account.
By the way, once you submit your arts. of org. and get the certificate back verifying that it’s been approved, then you just obtain an EIN from the IRS. Then, with that number, you can go to the bank and open an account since they’ll need the entity’s EIN. There are plenty of other posts and locations for figuring out how to obtain an EIN. Should only take 10 minutes to actually call it in.
Good luck.