Business Trusts

A Business Trust consists of a Personal Trust and a Business Trust
working in tandem with each other.

A Personal Trust conveys assets that produce passive income.  Passive income includes but is not limited to: Rents/lease income, stocks, crypto, capital gains and interest. A Business Trust conveys assets that produce active income. Active income includes 1099 and K1 income.

Business Trusts are ideal for clients who have a business or multiple business interests and or businesses with partners. In fact, one Business Trust can accommodate an unlimited amount of businesses through creating separate divisions within the Business Trust.

A consultation is needed to ascertain which income the business falls under.

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Personal Trusts are the ideal tax mitigation, asset protection and estate management tool. It was designed to be supremely legal, tax friendly and compliant within the Internal Revenue Code.

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Due to the complex benefits of Platinum’s Trust, we recommend a phone call to start the conversation. Please fill out a quick form and then schedule your free one-on-one call.

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