I’m looking at options in turning our assets into companies. The real estate assets seem straight forward enough with individual LLCs but was unsure what vehicle would be best to setup for stock market investments. The goal would be to setup the start of a generational snowball with steady investments and dividend income down the road.
Some criteria and factors:
I wanted to setup was something to setup for investments that was not in anyone’s name. So LLC or Corp fits that billet.
I wanted it not be subject to probate or inheritance should I pass away. So I think investment trust and individual accounts would be out of the question.
Not be subject to income or assets for scholarship or grant purposes for kids when they hit college age. So a 529 is out of the question.
Is there such a setup or am I looking at this the wrong way?
Thanks in advance for the internet advice.
Submitted August 24, 2024 at 01:25AM by Chokugin_Ape https://ift.tt/Z2uSnzx
