by josephby on 6/5/20, 8:14 PM with 1 comments
Have you, as part of a start-up exit, or for some other reason - had to use a holding company, trust, LLP or other legal structure to hold/manage an investment? Was it expensive? How do you manage it month to month and year to year?
by mtnGoat on 6/5/20, 8:23 PM
i do, i think everyone should. its as expensive as you want to make it... can be as low as a few hundred dollars, on up to hundreds of thousands to operate. mine is very low maintenance, maybe 20 hours a year max and adds a bit of complexity to the IRS filing each spring, but well worth it.