ago 14 2009
Companies
International Companies
Unlike a trust, a company is an independent legal entity and can own property and transact in its own name. In estate planning and asset protection planning, companies can either be used on their own or in conjunction with trusts.
A company can hold a variety of assets, including trademarks, patents and royalties, investments and bank accounts. Holding your assets in a company that is owned by a trust can provide tax advantages and may ensure that they do not form part of your estate upon your death.
