{"id":17,"date":"2022-03-07T15:53:34","date_gmt":"2022-03-07T15:53:34","guid":{"rendered":"https:\/\/platinumtrustgroup.com\/?page_id=17"},"modified":"2022-04-03T21:22:14","modified_gmt":"2022-04-03T21:22:14","slug":"business-trust","status":"publish","type":"page","link":"https:\/\/platinumtrustgroup.com\/webadmin\/business-trust\/","title":{"rendered":"BUSINESS TRUST"},"content":{"rendered":"
A Personal Trust conveys assets that produce passive income.\u00a0 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.<\/p>\n
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.<\/strong><\/p>\n A consultation is needed to ascertain which income the business falls under.<\/p>\n<\/div><\/div><\/div><\/div><\/div>