I Am Administering a Trust Do I Have to Sell the Business Interest Held by the Trust?
When administering a trust, some trustees automatically assume that they must sell the business interest that is held in the trust.
When administering a trust, some trustees automatically assume that they must sell the business interest that is held in the trust.
It may be wise to Consider a Corporate Trustee. Over time, your original choice for a trustee may no longer work.
If you obtain shares in an S-Corp after creating a trust, you may need to modify your estate plan. Trusts need specific provisions to hold S-Corp stock.
If you are administering a Trust With Business Interests, you have many responsibilities. You must act quickly and carefully to ensure it is protected.
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When creating a trust, you have several options for trustees. View here for nine advantages of a corporate trustee by an Orange County estate planning attorney.