Taking Fund-Raising To a New Level
Private Wealth Services Co-Chair David Scott Sloan was quoted in a New York Times article titled "Taking Fund-Raising to a New Level."
The article reports that much of the data that fundraisers gather is scattered about in the public domain. If you want to shield your assets, Mr. Sloan suggests purchasing homes and other assets through a limited liability corporation. States may have differing rules about whether you need to disclose who the manager is, though. He is also a fan of something called a nominee trust that is available to Massachusetts residents and something that second home buyers sometimes use. Here, the true owners need not appear on any public filings, though you'll need a friend or a lawyer to serve as trustee.