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Should Your Revocable Trust Own Your Business?
If you’re a business owner, does it really make sense to put it in a Revocable Trust? That’s what hosts Anne Rhodes, Chief Legal Officer at wealth.com, and Thomas Koppelmen, Head of Community at wealth.com and co-founder of AllStreetWealth discuss in this week’s episode. In this episode, they cover: - Why a trust may offer more flexibility in separating out personal and business assets but also offers better protection if you’re incapacitated. - How a trust can be a better vehicle for your wishes to be followed after your passing. - Why setting up a revocable trust today offers you…
The skinny
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