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Land trust
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deereman7
Posted 1/17/2021 19:14 (#8759594 - in reply to #8759456)
Subject: RE: What about a c corp


Central Indiana
That's the catch 22. My understanding is in c corp new shareholders can be added anytime there is an officer meeting. So every generation can add the new shareholders. If I set it up this way. Shouldn't ever be split. I'll be dead and gone I don't care what they do with it. Just trying to pass it with least taxes and trouble. The guy I'm using is retiring corp lawyer. In his hay day he was the trust, land guy to see. Wondering in his older age if he's not keeping up on everything. Times have changed and changing every day.8 Anyone else going through same problems and has a good lawyer. I'm open to suggestions. I'd prefer to keep it in the Indiana though. Thanks again

Edited by deereman7 1/17/2021 19:21
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