Can The Trust Hold The License Needed (Contractor, Driver's, Etc.)

Can The Trust Hold The License Needed (Contractor, Driver's, Etc.)

Yes, the trust can hold any license for any activity. Sometimes the laws/rules don’t allow for a trust to get a specific license. Often it's best that the trust doesn’t get the license, but it does all the banking and operating. Instead simply get the license with an LLC or another entity.