The name used for your new LLC can be something simple, two or three words, and you can use the name of your city with the word “associates” or “group” or “partners”, for example “AKRON GROUP, LLC”. Once you decide the name of the company (LLC), you can select one of the following options for the principal address:

It is nearly essential that you avoid registering the company in California, Illinois or Texas. You can still get the same benefits in these three states, it’s just that the state regulations are a nightmare and fees are outrageous. If you reside in one of these states, it’s best to register out of state. The best option for anyone is New Mexico, but most any other state will serve the same purpose. Look for the lowest fees because states like Massachusetts want $500 to register a limited liability company and Tennessee wants a minimum of $300 plus an additional $50 per member (beyond 6, even though you only need two). This is not necessary because it’s easy enough to register in a bordering state for much less. Most of the LLCs we are using for the crypto-exchanges and wealth management will not have a need to file annual reports or pay annual dues or pay annual fees to any registered agent. You’ll know for sure after your consultation. States including New Mexico and Pennsylvania do not require annual fees after the original registration.

Some states allow the principal place of business for your new LLC to be a post office box and in another state. Most if not all allow the principal address to be out of state, but some require a physical address for the principal address of the LLC. All require a physical address for the registered agent. In nearly every situation, we can register this so that you will not have annual registered agent fees. You will also be applying for an employer identification number (EIN) online, it only takes a few minutes and does not create any taxable situation. This is very much like signing for your church’s bank account or a homeowners association. You simply apply as a single member LLC, even though we’ll change this later, and select the option that describes your LLC as a holding company and that the EIN is for banking purposes only.

This is the link for the EIN:

Even though your LLC will use the EIN for banking purposes, it will not be filing any tax forms, it will not file a 1065 or anything, and the Blockchain Trust does not use an EIN and does not file any tax returns either. This is a pass-through, tax deferred structure. We’ll use the LLC to open a new account at each of the exchanges where you have a personal account and over time you will migrate your transactions over to the LLC account, and especially, anytime you take profits in cash, you will want to use the LLC account exclusively.

If you reside in California, you will want to register your LLC in states such as New Mexico, Arizona or Wyoming. You will probably need a mailing address to use in that state as the LLC’s principal address, and this makes it easier to get the bank account opened via the Internet.

Use this service to find a UPS Store:

Or you can use another service, you may only need this to get the bank account opened and then we can drop the service if you want.

The mailbox will need a postal Form 1583, don’t identify the account holder as the LLC, just use the company name without the “LLC” designation as your “trade name” and write it in box 14. Box 11 should be “holding company” and make yourself the applicant, just like for the bank account. Once your account is confirmed we can use the address, and I don’t think we’ll need any mail, but if we do, it will only be in the first 30 days, you can just call and have it forwarded (do not use USPS mail forwarding service).

Download the order form from and select the items that you need. Write in the name you want for your new LLC and which address you want to use. You can use your home address to start, and keep in mind that this can be changed at any time, including the name of the LLC, that can be changed at any time.

The New Mexico filing fee is $50 (one time only, no annual fees), so the total is $497 + $50 and the Blockchain Tax Immunity Trust is $275, so the total would be $822. You will receive the registered articles, banking abstract, operating agreement, and a plan on how to use the LLC and Trust along with the Post Windfall Plan and one year of consulting as you may have questions while using them. You can also use this plan to get help structuring contracts and the purchase of large ticket items such as houses, vehicles, vessels and aircraft, along with other businesses and assets.

Here are some state fees:

New Mexico $50
Pennsylvania $125
Arizona $50
Connecticut  $120
New Hampshire  $150
Rhode Island $102
Florida $125
Georgia $100
Washington $180
New York $200
Oklahoma $100
Wyoming $102
Colorado $50
Maryland $150
Indiana $100
Ohio $99

If you don’t see the fees for the state you want, please ask during your consultation.

If you are also going to use the “settlement trust” to replace your personal banking accounts, we just need to know the name of a beneficiary, one individual, and his or her date of birth and relation to you. The beneficiary does not receive any money or benefits, it’s just for the purpose of making the trust valid so that the bank will open the account. This settlement trust is not for estate planning purposes, it’s just to protect personal banking access and has no tax benefits. If you want the tax immunity, you must use the LLC and Blockchain Tax Immunity Trust combination. If you are already using an LLC that does not file tax returns, we can integrate the Blockchain Trust into its operating agreement.