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It costs $60 to change your LLC name in Wyoming. This is the filing fee for the Amendment to Articles of Organization form.
A Wyoming statutory trust is a trust formed with the Wyoming Secretary of State for those wanting to use Real Estate Investment Trusts (REITs) and investment companies. These are very specific types of trust that deal with investments and securities monitored and regulated by the Securities Exchange Commission (SEC).
How to file a Wyoming Corporation Amendment: To make amendments to your Wyoming Corporation, you provide in duplicate the completed Profit Corporation Articles of Amendment form and provide it to the Secretary of State by mail or in person, along with the filing fee.
The legal rules and regulations are more complex in nature than those of statutory trusts as common-law trusts are a more advanced tool. There are many types of trusts that can be subdivided into revocable or irrevocable, grantor or non-grantor, and so on. Each of them does things differently.
Statutory trusts involve real property that is held by a trustee with the intention of selling. Any profits from the real property including rent and sale profits go into the trust. These profits are then paid to the benefactors of the trust. This process is regulated by the Uniform Statutory Trust Entity Act (USTEA).
In general, a Wyoming Statutory Foundation makes provisions for a Founder, an Operating agreement (similar to a Foundation Charter), a Board of Directors (similar to Trustees or a Foundation Council), Beneficiaries and Protectors.
A Wyoming asset protection trust allows you to protect assets without losing control, naming third party beneficiaries or moving assets to an offshore trust. This protects you from lawsuits, creditors, divorces, the government and plain bad luck. Wyoming trust law is flexible and allows for a variety of trusts.