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Old 16-10-09
saoirse saoirse is offline
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Default Re: How to use a Family Trust to run a business?

Dont underestimate the importance of a small business / asset protection lawyer.

Your accountant is the place to start to advise you on the most appropriate structure but i'd always recommend taking legal advice on the structure itself rather than relying on your accountant to set it up for you.

Ask your accountant if he works with or knows a lawyer who can prepare the necessary trust deeds, etc. Accountants might be able to do it for you but they might also not be up to date on all the legal aspects.
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