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Another significant advantage of placing an LLC in a trust is the potential for streamlined estate planning and succession. If you simply own your LLC People often come to us curious β€” or confused β€” about the role trusts play in saving on taxes. There are two primary types of

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A trust-owned LLC can provide tax benefits, though these vary based on the type of trust. For instance, revocable trusts (living trusts) offer How To Put YOUR LLC Into A LIVING TRUST (AVOID PROBATE) Neither an LLC nor a Trust will have any tax implications while your dad is alive and is the beneficial owner of the property.

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