how do i transfer my company $ to a trust, page-25

  1. 36,517 Posts.
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    blueballs,

    There is one area you have not mentioned:

    when you first set up the company, that $1m, was it as a loan from you to the company ? or was it treated as your payment to the company to subscribe for $1m worth of shares, viz. that $1m is now part of the company's share holders funds ?

    This is important as it will affect the manner you can move the $1m cash out of the company to a trust.

 
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