MARK KOHLERMain Street Professionals, Main Street Professionals, Main Street Professionals, Main Street Professionals, Main Street Professionals, LLC · Owner at Main Street Professionals, LLC

The Truth About Wyoming LLCs 🕵️‍♂️

2 Jul 2026 · 1 min

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1:12

In this concise informational segment, Mark Kohler—who cites 25 years of tax and legal experience—explains why a person might form a Wyoming LLC. He argues that a Wyoming LLC can provide an extra layer of asset protection for high‑equity assets (generally $500,000 +), especially when a judgment in another state could otherwise be used to seize a rental property or other valuable asset. Kohler stresses that the LLC must be properly structured as a COPE (Charge and Order Protection Entity) rather than a simple “click‑click‑click” online formation; a COPE can act as a holding company that isolates the protected asset from outside liabilities. He also notes that Wyoming LLCs can afford greater privacy, but warns that determined, well‑funded litigants can still pierce that privacy through lawsuits. Finally, Kohler discloses that despite his expertise, he personally does not own a Wyoming LLC, underscoring that the advice is situational rather than a personal endorsement.

Chapters

Why would I use a Wyoming LLC? When you are looking to protect a specific asset that has significant equity, I would say $500,000 or more, and you're in a state where if you were to get in a car accident, they could go through that LLC to liquidate your rental property or asset and take that asset to pay off the judgment. What Wyoming LLCs can do if structured properly, not with a click, click, click and a mouse online, this Wyoming LLC could be a holding company of sorts. It's called a COPE, Charge and Order Protection Entity, that would hold the LLC or the property itself depending on what state you're in and give an extra layer of protection from an outside liability. And number 2, you might use a Wyoming LLC if you're looking for more privacy. Now, someone with deep enough pockets and pissed off enough will ultimately find out who owns it, especially if a lawsuit's filed. Here's the big reveal, and I actually don't mind saying this. With me, Mark Kohler, 25 years of experience in the tax and legal industry, with a law firm and paralegals and attorneys gratefully at my beck and call if I need them. I don't even have a Wyoming LLC.