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Updated 12 days ago on .

User Stats

6
Posts
3
Votes
Cory Berrang
3
Votes |
6
Posts

Structuring LLC + Trust with Partners Who Have Separate (or No) LLCs

Cory Berrang
Posted

I know an LLC is the first layer of defense and a trust can add another layer. Here's my question: if I partner with others, I don't want to add them to my LLC in case there's a falling out. Instead, they'd have their own LLC (or possibly no LLC at all).

  • If we both bring our own LLCs into a deal, how does a trust work on top of that? Do we each create our own trust tied to our LLCs?

  • If I have an LLC but my partner doesn't, can we both still be added to a trust?

  • Can I list my LLC in the trust instead of myself personally?

Curious how others on here have structured this in real-world deals.

  • Cory Berrang