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I guess the advantage of passing ownership to the trust is that you're not involved anymore. If you keep shares you know that at some point in your life (or at
by giomasce 3y ago
I guess the advantage of passing ownership to the trust is that you're not involved anymore. If you keep shares you know that at some point in your life (or at the end of your life) you'll have to pass those to somebody else or setup a trust. Finding somebody else is hard, because it must be somebody that simultanously you trust deeply and who is willing to take on the responsibility to keep aligned with whatever way you want to company to be managed. So you setup a trust instead. Well, if you setup a trust immediately you don't have to think about that any more!