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-   -   Setup of Trust Funds (https://www.askmehelpdesk.com/showthread.php?t=128829)

  • Sep 12, 2007, 01:38 PM
    Willsymm25
    Setup of Trust Funds
    I feel since my business and assets are growing how I should protect my investments. I was wondering if I should start a trust Fund? I am a homeowner w/ equity & just became a partner in both an LLC & an LLP. What's the diff. between revokable vs non-revokable trusts? Where should I start.
  • Sep 12, 2007, 02:37 PM
    ScottGem
    Why do you think you need a trust fund? Generally a trust fund is funds held for another person or entity to be managed by a third party.

    The LLC and LLP should be protecting your personal assets.

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