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A Massachusetts Business Trust has a different structure and management.
In a MBT, the Trustee runs the company and the beneficiaries share the profits. You usually can sell the certificates to third parties or back to the trust, unless specified otherwise in the trust deed. You need to see the trust deed itself to see if there are any restrictions. You can get a copy from the trustee, who is required to give it to you.
Value will depend on the transferability (see trust deed) and the value of the assets and business held by the trust. You can determine value by getting an appraisal There are a lot of companies that provide business appraisal services at prices ranging from 500 to 5,000 dollars.
It all depends on how complex the business is. If you have a far flung business enterprise, valuation is harder and more expensive. If the trust hold securities, it is vairly easy to value, by looking at the pro rata value of the assets. If there are 10 certificates and the stocks are worth 1 million, the certificate should be worth about 100k, for example.
In a corporation, the officers run the company and they are chosen by the board of directors. The board is elected by the shareholders. In a MBT, the trustee runs it. Usually there is a provision for trustee removal in the trust deed, so that is how you change managment. Trustees in an MBT have to give periodic accountings.
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