How a Business Trust Protects Your Bottom Line ๐ผ๐
As a business owner, you've worked tirelessly to build your company. But have you considered what will happen to it when you're no longer at the helm? That's where a trust comes in. A trust isn't just for personal assets; it's a powerful tool for business succession planning. Here's why you need one: Protect Your Legacy A trust ensures your business continues operating smoothly even if you're unable to run it. Avoid Probate Unlike a will, a trust keeps your business out of probate court, saving time and money. Maintain Privacy Trusts are confidential, keeping your business affairs out of public records. Reduce Taxes With proper planning, a trust can significantly lower estate taxes for your beneficiaries. Flexible Control You decide how and when your business assets are distributed. Don't leave your business's future to chance. Consult with a trusted legal adviser today about setting up a trust. Protect what you've built and ensure your business ...