I was finally reading my copy of “A Cat’s Guide to Money” and learned that banks offer autopay where they will mail out checks for you and got very excited. Talking to a friend about using checks to pay for things the conversation veered into the best way to pay for things under a preferred name.
I brought up that with an LLC one can use DBA (“do business as”) law to write check as the LLC. That would mean these are business expenses, I’m not sure about the tax ramifications therein and there are annual costs to an LLC.
My friend’s idea was to use a living trust and set up a checking account under that. Then you can use the trust’s name. We both don’t know much about living trusts and the costs involved.
Thoughts? Comments? Other ideas? (besides just legally changing your name, I know that one)