How To Set up a Trust For Business Protection & Wealth Transfer
Setting up a trust for your business protects assets, minimizes tax liability, and aids in generational wealth transfer. Different types of trusts, like revocable, irrevocable, and asset protection, serve varied business needs. Legal guidance is crucial when setting up a trust, covering aspects like drafting documents and ensuring compliance. Establishing a Power of Attorney is a key step in the process, securing smooth business operations …
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