# Private Trust?

**URL:** <https://discussion.mainstreetbusinesspodcast.com/t/private-trust/90>\
**Category:** Tax Strategies\
**Created:** [September 21, 2022, 2:50pm UTC](https://discussion.mainstreetbusinesspodcast.com/t/private-trust/90 "2022-09-21T14:50:53Z")\
**Posts on this page:** 1\
**Page:** 1

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**Author:** ![surfup](https://avatars.discourse-cdn.com/v4/letter/s/2bfe46/32.png) [@surfup](https://discussion.mainstreetbusinesspodcast.com/u/surfup)\
**Post date:** [September 21, 2022, 2:50pm UTC](https://discussion.mainstreetbusinesspodcast.com/t/private-trust/90/1 "2022-09-21T14:50:53Z")

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Is a private trust suitable to small business?

I heard quite a few adveritise on FB, social media about the private trust with all the benefits:

- Spendthrift provision

- Non-Grantor

- Irrevocable

- Complex

- Discretionary

- IRC 643b compliance

What your take on this?

Cheers,