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Dimitry K., Esq.
Dimitry K., Esq., Attorney
Category: Business Law
Satisfied Customers: 1611
Experience:  Run my own successful business/contract law practice.
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I'm trying to figure out which of the following two options

Customer Question

I'm trying to figure out which of the following two options is easier from legal perspective, and what are their pros and cons?
1) Create a trust, and then let the trust to own a CA C corporation.
2) Hire a CEO, and let the CEO to own a CA C corporation. I have control of such CA C corporation.
Thanks.
Submitted: 9 days ago.
Category: Business Law
Expert:  INFOLAWYER replied 9 days ago.
Hiring a ceo and giving him title is risky as transfer title. A trust can have a governing trust document and a trustee can be replaced without risk of losing the asset.