• Baggins [he/him]@lemmy.ca
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    6 months ago

    Life Pro Tip: Register an LLC to buy your steam games under. The LLC will never die and you can transfer ownership of the business entity while it retains control of the steam account.

    • 𝓔𝓶𝓶𝓲𝓮@lemm.ee
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      6 months ago

      Register a religious organisation/church worshipping digital media and proclaim that this account is part of religious rituals of your church. In the United States, freedom of religion is a constitutionally protected right provided in the religion clauses of the First Amendment.

      • FireTower@lemmy.world
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        6 months ago

        Tldr: Don’t do this unless you have a business that requires a steam account for tax purposes. It doesn’t need to be successful but it does need to be real.

        Trusts are probably a better option for this sort of thing than a LLC.

        • shottymcb@lemm.ee
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          6 months ago

          There’s at least 10 states with no annual fee. Arizona is $50 to file, $0 annual fees, and no annual report to file.

          If you’d prefer your company to have voting rights, you can file in Rhode Island, and your company can vote in local and state elections without ever stepping foot in the state. Hooray late stage capitalism 😞

      • ____@infosec.pub
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        6 months ago

        As others have pointed out - costs a few bucks annually,and requires beneficial ownership report (free IIRC).

        Otherwise, it’s a tried and true tactic to pass businesses down through generations. An LLC vs. a corp vs a trust is a convo to have w/ lawyer barred in your state but the general premise is vaguely sane.

    • SymbioteSynapse@lemmy.world
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      6 months ago

      $800/year is a lot to save maybe $1000 worth of games. At least that’s what an LLC costs where I live.

      • AppleMango@lemmy.world
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        6 months ago

        Almost 10 times less where I live, but not sure because I don’t know which dollars you’re referring to

        • SymbioteSynapse@lemmy.world
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          6 months ago

          US dollars. I’m in California, which is probably one of the most expensive states to get an LLC but still. Even at $100/year I’m probably not getting my money’s worth. Digital games don’t hold their value unfortunately.