Business
Trust Agreement
South Carolina
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.
Answers from 1 Lawyer
Answer
Business
South Carolina
Christopher B.
ContractsCounsel verified
November 1, 2021
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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