Archives: trust

Unveiling the Secrets: Can a Trust Own an LLC?

August 12, 2024 | By apeptea | No Comments | Filed in: general2.

Can a trust own an LLC? Trusts and LLCs are both popular estate planning tools, but they serve different purposes. A trust is a legal entity that holds assets for the benefit of beneficiaries. An LLC is a business structure that provides limited liability protection to its owners. So, can a trust own an LLC? • Read More »