Using business name to protect privacy

Reply #17

Coin Toss — Wed, 04 Jul 2018 05:03:43 GMT

On a now defunct board I used to be on there was a thread Would these be great user names or what?

Here's a few;

Ban Me Now

Count Down TuLock

Duzzin Bodewell

Search (Imagine doing a search for search

Reply #16

eddessaknight — Wed, 04 Jul 2018 00:35:10 GMT

Excellent contributing posts, Coin and Artist

Much Luck Blessings Both

Eddessa_Knight with Light

Reply #15

Artist77 — Tue, 03 Jul 2018 17:59:58 GMT

Lol. How about You'll never guess my name. Lol I have a friend who works for a pretty obnoxious law firm (not my employer). He tells me he is going to name his lottery trust FUAB. ( last two letters are the name of the firm).

Reply #14

Coin Toss — Tue, 03 Jul 2018 16:32:27 GMT

Artist,

Best name ever for sa trust, the My Name trust

Reply #13

Artist77 — Tue, 03 Jul 2018 11:11:09 GMT

If my only 2 choices were to claim my winnings in my name or my actual ongoing business name....not a new trust or new llc, I would claim in my name.

Reply #12

Coin Toss — Tue, 03 Jul 2018 04:08:49 GMT

Yeah Artist, it should be a ,must see for those who say if they win they'll shout it from the roof tops.

He also said a former employees tried to destroy his shop and someone asked him to stake them to the World Series of Poker.

Reply #11

Artist77 — Sun, 01 Jul 2018 01:34:24 GMT

I remember that episode Coin Toss.

Reply #10

Coin Toss — Sun, 01 Jul 2018 00:01:14 GMT

Thanks Artistt77, MsBee18.

There's something else too. On one of TLC's lottery shows they interviewed a winner in New Mexico. He said he was getting several bags of mail a day addressed to;

Lottery Winner

New Mexico.

He asked the post office if that wasn't kind of weak for an address to deliver to and they told him if they knew where he was they had to deliver.

Reply #9

MsBee18 — Sat, 30 Jun 2018 15:15:10 GMT

Gerald Render out of Georgia won the Powerball jackpot Sep 18, 2010 used this tactic to claim his prize. He created NICHELLE LEANDO, LLC to claim the prize. But his full name and LLC name was still released so i didn't really lessen his publicity.

Reply #8

Artist77 — Sat, 30 Jun 2018 15:11:28 GMT

Agree Coin Toss. Very publicly available info. Also counties list addresses of business online and if you are a member of bbb, etc., it is too easy. Might as well claim in your own name. Zero additional protection. Your business info would just give a scammer another way to try to get your money. That painting you sold me fell on my head...lol. Your business would be settling $20,000 to $40,000 nuisance claims...go away money...night and day...if you won a lot of money.

Reply #7

Coin Toss — Sat, 30 Jun 2018 15:03:46 GMT

Good find, CDanaT.

I'm thinking that even if the idea posed ion the OP got passed any state lottery if it's a legit registered business it wouldn't be hard to find out who the owner is. Also there are plenty who would do just that.

Artist what say ye

Reply #6

CDanaT — Sat, 30 Jun 2018 14:57:00 GMT

I was looking around at different Lottery sites this morning and noticed on Colorado's website that under the winners section the drop down menu has claiming prizes financial counsel . I clicked on the counsel part and they repeatedly state about talking with a financial professional whether it be a lawyer, accountant of financial planner. I though that was very admirable of them. I did notice further down the list was the How do I go about form a trust and the reply went like this:

The Lott... [ More ]

Reply #5

Artist77 — Sat, 30 Jun 2018 14:28:38 GMT

Great response Lottolucy.

Reply #4

LottoLucy — Fri, 29 Jun 2018 22:34:46 GMT

To add a little to Artist77 s excellent response...depending on your state there may also be a law in place that requires the lottery to release the name of the trustee as well as the name of the business or trust. I think Florida is one of those states. Now, if you re the trusting sort you could have your lawyer be the trustee of your initial trust or business to claim your prize.

I m not that trusting!

Lucy

Reply #3

Artist77 — Fri, 29 Jun 2018 20:48:54 GMT

It depends on your state lottery rules and how they define a claimant. For example, a claimant can only be an individual and not a business or trust in Virginia. Your business is not in the business of buying lottery tickets and it would not be an ordinary business expense. This argument would be laughed out of court.

It would be very simple to find out your name from the business anyway.

Reply #2

CDanaT — Fri, 29 Jun 2018 14:39:29 GMT

Interesting tactic...... Might be a fair question to pose on one of those ask an Atty websites....

Reply #1

hearsetrax — Fri, 29 Jun 2018 08:40:28 GMT

I'd imagine anything is possible with the right legal team

Using business name to protect privacy

InterEnter — Fri, 29 Jun 2018 05:37:05 GMT

With the situation of the lady that won the half billion dollar and refuse to provide her identity because of wanting to keep her privacy, can a self-employ use the name of their business to be the name of the winner without having to provide their personal identity that will attract all kind of attentions? The business bought the winning ticket and whoever the trustee of that business just sign to receive the money, is that doable? The business name is all that would show up as the winner, righ... [ More ]