If you set up a trust, and you are a trustee or a trust beneficiary, there are a few things you need to know. This is especially true if you have already formed a corporation that holds real estate, and the trust owns that corporation.
In this video, we discuss CCorps, and how they have double taxation. We will also discuss a trust's structure, as well as the role of trustees and beneficiaries.
Direct Answers from Corporate Direct will give you all the updates you need on any corporate law matters.
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For more information on CCorps watch: • CCorp vs SCorp Explained | Direct A...
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DISCLAIMER: The contents of this video are NOT LEGAL ADVICE and do not apply to your specific circumstances. This information is provided for general informational and educational purposes only. Viewing this video DOES NOT CREATE AN ATTORNEYCLIENT RELATIONSHIP. We highly encourage you to seek professional legal advice before acting or relying on any information contained in this video.