Can a trust have LLC in its name even though it's not an LLC?
For example, property holdings llc If also would there be any drawbacks from banks and stuff when getting funding?
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Last Update hace 9 meses
Yes, a trust can use a name that includes "LLC" (like “Property Holdings LLC”), but it must not misrepresent itself as an actual LLC. Using “LLC” in the name could cause confusion or legal issues if it's not registered as such.
Drawbacks: Banks and lenders might flag this during funding or compliance checks, as it may appear deceptive. It’s safer to choose a name that maintains privacy but doesn’t imply a different entity type.