Business leader Jake Claver made a clear statement directed at XRP holders, stressing the importance of preparation before significant 0 said that before XRP holdings are converted into real wealth, individuals need to ensure they have the right structures in 1 pointed specifically to legal, tax, and security planning as the areas that require 2 highlighted trusts, LLCs, and custody arrangements designed for digital assets as essential tools, warning against the use of generic templates that are not suited for 3 message concluded with the instruction to act early, emphasizing that the time to set these structures up is before profits are realized, not 4 your XRP turns into real money, get your structure in 5 means legal, tax, and security planning.
Trusts, LLCs, and custody setups made for digital assets…not generic 6 it 7 after the gains hit your wallet. — Jake Claver, QFOP (@beyond_broke) August 30, 2025 Structuring and Custody Considerations Claver pointed to entities like LLCs and trusts as foundational 8 provide flexibility for activities such as trading and staking, while also offering liability protection and cleaner tax reporting. Trusts, on the other hand, are aimed at long-term wealth management, privacy, and estate 9 underscored that custody should also reflect the chosen structure, with wallets or institutional custody arrangements tied to entities rather than personal 10 alignment ensures clarity in authority, legal ownership, and overall 11 of Early Action The central argument of Claver’s statement was the timing of these 12 made it clear that waiting until after XRP appreciates could expose holders to additional tax liabilities and reduce the effectiveness of structural 13 urged that steps such as engaging crypto-specific attorneys and accountants, setting up legal entities, and finalizing custody frameworks must be completed in 14 to Claver, trying to restructure after gains have already occurred would not shield those profits from personal tax obligations and would limit the benefits of the protections 15 are on X, follow us to connect with us :- @TimesTabloid1 — TimesTabloid (@TimesTabloid1) June 15, 2025 Reactions and Added Detail from Users An X user AleXRP noted that many holders may not need extensive setups, pointing out that most retail participants hold relatively small amounts, such as $1,000 or 16 reflected the idea that not all investors face the same scale of 17 Claver’s post delivered a straightforward warning: structure comes first, gains come 18 the scale of planning may vary depending on the size of holdings, the underlying point remains that proper structures should be set up in advance if XRP holders intend to manage significant wealth securely and 19 : This content is meant to inform and should not be considered financial 20 views expressed in this article may include the author’s personal opinions and do not represent Times Tabloid’s 21 are advised to conduct thorough research before making any investment 22 action taken by the reader is strictly at their own 23 Tabloid is not responsible for any financial 24 us on X , Facebook , Telegram , and Google News
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