More details to this question:
I am forming a LLC with my business partner (not my spouse) and am wondering if my 50 percent of the company SHOULD be in the name of my PERSONAL trust (my wife and me)? In other words, is it a good idea to have the LLC in our trust or should it be in just my name and NOT our trust? Thank you, Michael
1 ANSWER
It really depends. There are asset protection, tax and corporate issues involved.
Answered on Jul 29th, 2014 at 4:46 PM