Skip to main content
Question

Are there greater tax protections if our LLC business and operating expenses are placed into a family trust?

  • February 26, 2025
  • 1 reply
  • 4 views

Monica R
HoneyBook Community Team
Forum|alt.badge.img+7

Mike and Catherine’s question from the Your Guide: Sole prop, LLC, or S-Corp webinar with ​@Geily Romero

Can we, as owners, take advantage of greater tax protection if the business and ALL/many of our operating and (household) expenses are protected by the LLC being placed inside of a family trust?

1 reply

Geily Romero
Forum|alt.badge.img+4
  • Newcomer
  • February 27, 2025

To the best of my knowledge, I believe that there are more protection benefits than tax benefits, as far as tax goes, it would be for lower estate tax. I don’t work with trusts so there may be benefits that I may not be aware of, it may be best to check with a CPA or small business attorney who may be more verse in the world of trusts.