You've probably heard a lot about trusts over recent years. Trusts have become an increasingly popular way to protect family assets and safeguard the financial future of dependents and can give rise to tax benefits.
What you may not have realised is that your business can be operated in a trading trust or your company can be owned by a trust. There are some very sound reasons for considering the relevance of a trust for your business, but before we consider them it's worth taking a moment to think about your general attitude to 'ownership'.
