Rob Labe and Tom MacFarlane discuss how a trustee can minimize risk when administering a trust that holds a business.
Holding Business Interests in Trust
On-Demand Seminar (Posted 11/06/15) | Level: Basic/Intermediate
Holding business interests in trust has its advantages but can also create a tax disaster. Avoid losing S corporation status, advise trustees, and plan for a smooth transition from the business owner to other family members or key employees.