Using "Magic Black Box" Concept

1. OCC Plan™ uses multiple entities to create income streams and protect assets against creditor claims.

 

2. Here, Parent LLC transfers intellectual property (IP) rights to a special subsidiary.

 

3. The subsidiary, in turn, licenses the IP rights to the foreign venture in return for royalty payments, thereby reducing the profits in the foreign venture.

 

4. The subsidiary my be owned by different owners, such as trusts for the original owner's children or a family limited partnership or LLC, thereby creating tax and estate planning opportunities.