alexa A Simple Trick to Protect Your IP

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A Simple Trick to Protect Your IP

You create a trust with broad objectives, including handling your intellectual property. The trust name should be obfuscated. You can use a random password generator with all letters, e.g., “GTCJNZAM Trust”. You can be the trustee and the beneficiary at the same time. Make sure the trust has no income, otherwise it will need a Tax Identification Number (TIN) – the idea here is that the trust should remain completely obfuscated. Also, unlike business structures such as limited liability companies and corporations, such a trust need not be registered. It is a legal entity that no one needs to know about.

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