Can a beneficiary of a Family Trust start his own business inside the trust?
by admin ~ August 21st, 2008 . Filed under: Law & Ethics .
Y2K asked:
What say does the Trustee and other Beneficiaries have in the Beneficiary’s business? And is it better for the Beneficiary to have his own Business trust?
Jennell Dolder
What say does the Trustee and other Beneficiaries have in the Beneficiary’s business? And is it better for the Beneficiary to have his own Business trust?
Jennell Dolder
August 22nd, 2008 at 3:23 pm
A business can be conducted by a trustee if it does not violate the rules of the family trust.