Create Corporate Trusts
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What Types Of Corporate Trusts Are There?
Corporations create trusts or fund trusts for a variety of reasons.
- A Corporation may create a trust to benefit the shareholders and protect assets inside it from new litigation that may arise in the course of business.
- Corporations with employees often create Employee Trusts to benefit employees and their families, they also normally help fund Registered Retirement Savings Funds.
- In the course of business Retirement Compensation Agreements, Salary Deferral Agreements and more may be required
- Some corporations operate their active business as a trust due to special regulations enabling them to, like Real Estate Investment Trusts
What Do You Need To Create A Corporate Trust?
To create corporate trusts you will need a corporation, assets and a lawyer. The lawyer will tell you what protections the trust will provide, tax benefits and other perks. Trusts are not a one size fits all solution. You must get legal advice to determine if a corporate trust is right in your circumstances.
Learn if a corporate trust could benefit your small business in Thunder Bay Ontario. Contact Larson Lawyers at 807-285-7777.
Email Rene Larson To Create Corporate Trusts In Thunder Bay Ontario
Rene Larson, The Founder of Larson Lawyers has been providing legal services to the people and businesses of Thunder Bay for almost 50 years. When you email Rene for assistance creating corporate trusts you can be sure that you are getting the best advice available in the Thunder Bay region.
Rene knows how to create trusts for you because he uses them in his own business. Get assistance from a man who puts his own money where his mouth is as a small business owner.