Business Interest Assignment to Trust

Business Interest Assignment to Trust

Coordinate your business ownership with your estate plan.

For business owners, creating a Living Trust is only part of the planning process. Eligible business ownership interests may also need to be formally assigned or coordinated with your trust to help ensure your estate plan reflects how those interests are intended to be managed and transferred.

This service provides the documentation needed to assign an eligible business ownership interest to your Revocable Living Trust.

What This Service Includes

✓ Business Interest Assignment Documentation Preparation of the assignment document used to transfer an eligible ownership interest to your trust.

✓ Estate Plan Coordination Coordinates the business interest with your existing Revocable Living Trust and broader estate-planning objectives.

✓ Ownership & Trust Review Reviews the information needed to properly identify the business entity, ownership interest, and receiving trust.

✓ Execution Guidance Provides guidance regarding the appropriate execution of the completed assignment document.

Why Business Ownership Matters

Business interests can represent a significant part of your estate. If your estate plan and business ownership are not properly coordinated, your trust may not control the business interest in the manner you intended.

Proper coordination can help establish clearer instructions for the management and transfer of your ownership interest as part of your overall estate plan.

Important Considerations

A business interest assignment does not replace your company’s operating agreement, shareholder agreement, buy-sell agreement, partnership agreement, or other governing documents.

Certain transfers may require additional approvals, documentation, or professional review depending on the type of entity, ownership structure, governing agreements, and applicable law.

If additional legal, tax, or business-succession planning is needed, consultation with the appropriate professional may be recommended.

Investment

$350 per business entity assignment

Pricing applies to each eligible business entity being assigned to an existing Revocable Living Trust. Additional services or documentation, when required, are quoted separately.

Included with comprehensive planning

The first eligible business-interest assignment is included in the $4,000 Comprehensive Estate & Legacy Plan. Each additional eligible entity is $350. This documentation service is not comprehensive business succession planning.