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Trust as corporate officer - Legal Answers - Avvo
- https://www.avvo.com/legal-answers/trust-as-corporate-officer-888721.html
- Aug 26, 2012 · A qualified Trust can be a Sub S 'shareholder' (stock owner), but it cannot typically be a corporate officer. HOWEVER, that is not the case with LLCs that have elected Sub 'S' status. Limited Liability Companies and Limited Partnerships CAN have a Trust as the 'Manager' of the LLC or the General Partner of the LLLP in CERTAIN States (ie Nevada).
Can a Trust Own a Corporation: Everything You Need to Know
- https://www.upcounsel.com/can-a-trust-own-a-corporation
- Jul 13, 2020 · If you're wondering can a trust own a corporation, the answer is yes, but only specific types of trusts qualify. As a legally separate entity, a trust manages and holds specific assets for a …Estimated Reading Time: 5 mins
Understanding Trusts Compared to Corporations - Drendel ...
- https://batavialaw.com/understanding-trusts-compare-corporations/
- Jun 24, 2014 · Trustees, like the officers of a corporation, are the ones who have the authority to bind the trust to contracts, deeds, loan documents, etc. The trustees are accountable to the beneficiaries to handle the trust for the benefit of the beneficiaries.Reviews: 2
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