Kindred Podcast Episode 8: Family trust or LLC for succession planning?

When planning to transfer a family business or valuable assets to the next generation, one common question that comes up is whether to use a family trust or an LLC (Limited Liability Company) for succession planning. Both options can help you manage assets, protect wealth, and ensure a smooth transition. However, each comes with its own advantages and disadvantages depending on the size of your estate, the type of assets you have, and your family’s long-term goals. To help you make an informed decision, let’s explore both options in detail.

Make sure to check out more episodes on our Podcast page. Feel free to reach out any time to see how Kindred can help you and your trusted advisors manage the complex succession plan process with simple software – cutting time & cost of the current process by 50% or more.