The Regulator Asset Protection Structure RAPS. Annually the IRS Passive Custodian reports the value of your tax deferred account. You also file to the IRS. This process validates and verifies transparency with the IRS making both apparent and open.
You control and manage the LLC via the internet where access to the active custodian can be reached. A Trust can also be in place to manage the LLC, however this is an optional step for your own purpose.
Under IRS rules, the LLC is considered a ‘disregarded entity’ because, in this example, you are filing as an individual.
The LLC owns the trading platform and the investment account which is segregated from the active custodian.
The Trading platform can ONLY be obtained by an Advisor who is Government Regulated, Registered and Recognized by the Government Regulated Administrator who is the applicant of the Investment Account. A 3rd party Accounting Firm is hired by the Administrator and approved by the Client to audit the Active Custodian and Segregated Investment Account.
Finally what makes the regulator structure secure is that a government regulator has full legal powers to enforce over all other Regulatory Agencies: Banking, Custodian, Financial Service, Plan Administrators, and Securities to ensure the compliance to the obligations under contract. Hence, this gives reference for saying that with this structure you do not stand alone and in fact have recourse should you find reason to complain.
A full map of the process outlining the regulator structure and a 6 page report are available upon request.
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