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Business

Trust Agreement

South Carolina

Asked on Feb 16, 2022

I would like to use my family trust as a business. How do I structure the trust or change terms to use it for business?

I have my home in a trust to pass on to my children. However I would like to use as a rental to help generate additional income.

1 Attorney answer

Answer

Business

South Carolina

Answered 227 days ago

Christopher B.

ContractsCounsel verified

Business Lawyer
Licensed in South Carolina
Free Consultation

You can structure the trust in several ways. It depends on exactly what your goals are, if you are looking for asset protection or another goal, tax goals, etc. Would need to speak with you to get some more information to help advise you on the best route to take to achieve your goals.

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