Should Your Trust Own Your Business? Should Your Trust Own Your Business? The question often arises as to whether the family company, a corporation, LLC, or limited partnership, should be owned by the parent’s living trust. Owned by the trust probably isn’t a good way of phrasing
The question often arises as to whether the family company, a corporation, LLC, or limited partnership, should be owned by the parent’s living trust. Owned by the trust probably isn’t a good way of phrasing the statement. The company is owned by whoever owns the stock. (In
There are a couple of lessons learned from the Bernie Madoff scam that business persons can make sure they are observing. Bernie and his wife made a couple of mistakes. (Well, maybe more than a couple.) They were just flat out illegal in most of what they
Estate planning is really your final responsibility to your children. American’s like to guard their children. I like to guard my children. It is really true that there is no scorn like a woman’s scorn. You can insult me, and I will quite easily forgive and forget,
