Can LLC or Corporation Be A Trustee

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• Can LLC or Corporation Be A Grantor for A Trust

  A Corporation and LLC can be grantor for a statutory trust, but not a private express trust (i.e. Bulletproof Trust). Private express trusts require a living human being to be grantor. If the goal of using these statutory entities as grantor is to ...

• Can An LLC Be Converted Into A Corporation

  Yes. Most states allow LLCs to be converted to a corporation by the simple filing of documents with the state, these documents essential merge the two entities into one. At the time of the conversion the LLC by operation of law becomes a corporation ...

• Is Buying an Aged LLC Like Buying a Shelf Corporation

  Yes, buying an aged LLC is like buying a shelf corporation and it is not recommended.

• How to Recover / Satisfy Properties Purchased Under LLC or Corporation Name

  If a person's individual name is signing the mortgage documents, then that person can perform the recovery / satisfaction. It's not about it being under an LLC or Corporation, it's about who was listed by personal name and signed the documents.

• Double Taxation with Corporation (C-Corp) vs LLC

  Double taxation for a corporation is only valid if one does not redeem in lawful money. The benefit of having a corporation vs an LLC is the corporation DOES NOT pass through any liability; whereas, an LLC will pass through liability, thus it is ...