Massachusetts Reorganization of corporation as a Massachusetts business trust with plan of reorganization
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How to fill out Reorganization Of Corporation As A Massachusetts Business Trust With Plan Of Reorganization?
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FAQ
Massachusetts trusts (also known as common-law trusts, business trusts, or unincorporated business organizations) are a unique type of trust used by individuals to run a business outside the normal legal entities such as a corporation or partnership.
The terms of the trust, assets, and beneficiaries are not made public, in contrast to a will that is filed with a court and becomes public. Your living trust does not allow to avoid estate taxes. Massachusetts taxes estates worth more than $1 million and the federal government taxes those in excess of $5 million.
Massachusetts laws Describes the instrument that must be recorded in the Registry of Deeds when real estate is transferred by a trustee.