See the Video Recording here: https://us02web.zoom.us/rec/play/lMBoHNis9objVCW88687y7ibiPQNlV4k8258fvzdAXWZTgnnU_4ShTSdxjaW_SFjUZMKCn0gQgzQLPo.upCUsBqhR8nabZgG?autoplay=true&startTime=1677863633000

Access the Live Transcript here: https://otter.ai/u/8bIFL8ik5dpF2Tydz0NkdsofEbU?utm_source=copy_url

Looking to invest in  Life Insurance with your Trust? Get your free quote now! - https://www.abundancegroup.com/insurance

Outline:
-How to use a trip as a deduction.
6:20
-How do you create a template for your foundation?
12:21
-How to get access to the new client portal.
17:23
-Personal guarantee for cash.
24:19
-Should we keep the llc or not?
31:06
-How to apply the annual blended rate for 2022.
40:20
-How to book the interest on the accrued interest.
46:36

See the Video Recording here: https://us02web.zoom.us/rec/play/GBYkvbh8oAm0YrzdVwonup0C8SJlqiSobxtBZHGj-GhAb048hp5kwBn2XFiGI-IAhThsrUi7x1l0srI5.2OFUBzTeDN8nJBp7?autoplay=true&startTime=1677690128000

Access the Live Transcript here: https://otter.ai/u/4hAskdz-3TAxOQ2S6FIYeD7WKj8?utm_source=copy_url

Outline:
-Transitioning from a trust to an llc.
9:50
-How to start building a credit score.
16:15
-Do you set up a Dmv number?
23:39
-Converting an S corp to an llc.
31:33
-Selling the business and getting permission.
38:41
-Transfer taxes and transfer taxes.
47:57
-Transitioning from the llc to the trust.
53:53

See the Video Recording here: https://us02web.zoom.us/rec/play/8tJjK1dABvynflMRRNiX2lTIKaAhtvYu-G6XBOHhVu6h6Jc7Zyq6DZ9tjnh44oDAesizWJwl4i9FkOfj.wNn1wlFaLnv7crV0?autoplay=true&startTime=1676653727000

Access the Live Transcript here: https://otter.ai/u/Dt33stDmLgoVS_srHgXh1GC6Fco?utm_source=copy_url

Outline:
-Red flags to check off.
3:02
-Paying property taxes.
9:36
-The red flag of a revocable trust.
13:39
-Do your homework and file your dnb filing.
18:16
-How to prepare an expense report for a trust.
26:12
-A trust can be reimbursed for an expense.
30:38
-The contract for the sale of the property.
36:16
-The date of inception of the trust.
42:57

See the Live Recording here: https://us02web.zoom.us/rec/play/6uFE_jp0VLDrFj6xrQhs2yAroBb0E93J1Wiwh1P_TDTNNb4Xm70oHEmHJ6aenhZrqjwQ29XbKMpY7gOO.Y5TpKB56wOzEMmjI?autoplay=true&startTime=1676480705000

Access the Live Transcript here: https://otter.ai/u/C7R3Jh6Fywk_vOwSuymGEIDG_Sk?utm_source=copy_url

Outline:
-How do you revoke a revocable trust?
5:35
-Do I need to get a new lease agreement?
9:40
-Do you need to change the tenants?
13:51
-How does this impact the tax situation?
18:09
-Who is the original trustee?
22:14
-Steps to help clients migrate from llc to personal trust.
25:58
-How do we deal with an asset in texas?
29:35
-Where to find the steps to create a business trust?
33:17

See the Video Recording here: https://us02web.zoom.us/rec/play/7zc3Jtrnu4x1K5RiPGyOfclOFcnCBZfFvz-VYKHCyTGDyEcl9WH5jnKHLy_Y2R6qeascpinx3GOlXMBV.ppoy9_1scOsG7ska?autoplay=true&startTime=1675875880000

Access the Live Transcript here: https://otter.ai/u/4y4z2K1jrDmrzYAv3SNAQFIQA-U?utm_source=copy_url

State of California Estate and Trust Filing Requirements: https://www.ftb.ca.gov/file/personal/filing-situations/estates-and-trusts/index.html#:~:text=The%20trustee%20may%20have%20to,to%20a%20California%20resident%20beneficiary

Outline:
-Having a diagram to make the process easier.
5:00
-Filing a class-action lawsuit against a return preparer.
9:15
-How to get an attorney to work with you?
13:47
-California’s requirements for a trust return.
17:31
-What are the cons of having to file taxes in California?
23:57
-How do you define income in Cali?
32:03
-Capital Gains taxes.
41:14
-Money flows in one direction.
50:42
-Why can’t you divide the property up?
1:00:13
-Can you make distributions to a sub-trust?
1:06:23
-How do you engage with the partners?
1:11:46

See the Video Recording here: https://us02web.zoom.us/rec/play/BYRfgH8qDXg9tTBYUADe1HpzEcp2MNFTB3niFP75I_98VrWPhWmJfr6hb8fsXXm0h-ufRgAaEnrH4guc.LhrdaQg64BlmZYK9?autoplay=true&startTime=1675444116000

Access the Live Transcript here: https://otter.ai/u/qiIPE9o5_VJ3HeMzGpdxxTaMhcM?utm_source=copy_url

Applying for Credit Cards in the name of your Trust. We recommend:

• Divvy: https://www.getdivvy.com
• Chase Ink Business Card: https://www.referyourchasecard.com/21n/U4F6BCDH7R

 
How Many Witnesses Are Required for a Trust in Florida?:
https://www.florida-probate-lawyer.com/blog/2012/june/how-many-witnesses-are-required-for-a-trust-in-f/#:~:text=So%20the%20answer%20to%20the,to%20schedule%20a%20free%20consultation.

California Filing Requirement for Estates and Trusts: https://www.ftb.ca.gov/file/personal/filing-situations/estates-and-trusts/index.html#:~:text=The%20trustee%20may%20have%20to,to%20a%20California%20resident%20beneficiary

Outline:
-Where to find a land deal?
6:59
-The importance of having witnesses for a trust.
11:09
-The best way to do real estate wholesaling.
17:49
-What does it mean to file a state tax return?
24:58
-California vs. Pennsylvania.
31:18
-Fiduciary accounting and taxes.
39:12
-A private lender to the llc.
45:25
-How much interest should I be paying in taxes?
51:24
-Do you need page numbers?
1:05:38
-Steps to take to create a digital trust.
1:14:35

See the Video Recording here: https://us02web.zoom.us/rec/play/N6VumcymG_UJ1vfKrfnPeOcfwmT8MxbC3vGBecN4mp--zM6R5foePEPbKrCjiLuueMwlWYKwLBIgDEr1.nyrzU6tkpuBY0Dvx?autoplay=true&startTime=1675270993000

Access the Live Transcript here: https://otter.ai/u/JkLnRM9DCZLHuQ1S3E9LNr4SMWk?utm_source=copy_url

Applying for a Credit Card in the name of your Trust:
Divvy - https://www.getdivvy.com
Chase Ink Business: https://www.referyourchasecard.com/21n/U4F6BCDH7R

Outline:
-Why can’t a trust be tax-free?
4:08
-The problem with registering the trust in a state.
8:35
-Setting up a business trust for business gifts.
15:29
-Categories of expenses for the trust.
20:21
-The benefits of a debit card.
26:08
-Distribution to the business trust.
33:18
-Transitioning the money to a business trust.
37:53
-Do we need to change the conveyance documents?
43:42
-Loan money to a beneficiary.
50:19
-Personal trust vs. business trust.
57:14
-How many members and trust involved.
1:02:24
-Transitioning into the new system.
1:09:18
-Selling the notes to the personal trust.
1:17:44
-How to get in touch with me.
1:22:31
-How do you apply for a loan?
1:30:34
-How did you get into real estate investing?
1:38:25
-Podcast outline and time.
1:43:24

See the Video Recording here: https://zoom.us/rec/play/lRyxelkgl-sRyL81cdnXMEUmSUla5CiJpMrHFQVgSCNOkODrSJJFRU_yNkkVQk_qGNB9tArfNeHqtMoq.KnkfAleeRzqtdzHG?autoplay=true&startTime=1674839345000

Access the Live Transcript here: https://otter.ai/u/ncyqUUK_N-wPW4tjcSFzun1OXNM

Blended Rates: https://www.abundancegroup.com/blendedrate

Outline:
-Transitioning from grantor trust to revocable trust.
2:07
-The problem with the charitable deduction scenario.
7:50
-Fraudulent conveyance and transfer.
14:51
-Questions and answers from listeners.
22:21
-How to help your beneficiaries with money from your trust?
29:20
-What is a personal property trust?
37:12
-Is it a good practice to increase interest on demand notes?
45:49
-How much should you take out for food?
50:11
-What is the blended rate for business trust taxes?
57:46
-Passive income vs. active income.
1:04:54
-Tax returns for a multi-member llc.
1:11:29
-What is a blood transfusion like?
1:19:08
-Benefits of having a business trust instead of a personal trust.
1:27:34

See the Video Recording here: https://us02web.zoom.us/rec/play/XSl93q-mJW7S9VyhjxBtY-5gvrHFuAjrB1VtVYEOmJoXQhmUIbWZl7iMUVmpH9H4sTKeq9XRA4mFm0CQ.l9GFlFhGdndOzpW0?autoplay=true&startTime=1674666330000

Access the Live Transcript here: https://otter.ai/u/jVo5L0bwkEo2OUh4TYmDHq6Tchc

Looking to Establish credit in the name of your trust? The Chase Ink Business Card is a great option to start: Apply Here

Outline:
-Who must file a 1099?
12:02
-Capital Gains and taxes.
22:46
-A personal trust owning 100% of a Wyoming llc.
29:32
-Family Trusts are designed to be investors.
35:28
-The need for a W-9.
43:12
-Where to start buying crypto from.
50:02
-Distribution of the money to heirs.
58:26

See the Video Recording here: https://us02web.zoom.us/rec/play/8_zsQ1QPSiltXzqJx-XaKHAm_DNtDEv_5Ej_MQ-rK3igVmYPMgKQrqA2wtBBDxZoeCZnengTUXefBN0p.Et35friv9gcN2u-M?autoplay=true&startTime=1674234131000

Access the Live Transcript here: https://otter.ai/u/Z-vD5YOb9knZpS1B1Go60-E6AeM

Filing the 1023-EZ Form for your Foundations Determination Letter:
-After you know what the mission statement will be, reach out to Charles Hooper from the Stewardship Institute to assist you in filing this form.

Charles Hooper
Email: [email protected]
Phone: (916) 543-3205

Outline:
-How would our tax treatment be of those purchases? Would a portion be attributed to a charitable contribution to the foundation?
8:22
-What is your opinion on the legality and risk of filing Form 8832?
18:38
-What is a trust protector?
31:45
-Can I backdate the sales to the trust to January 1 of 2022?
39:35
-What is the simplest process to specify what happens to these demand notes? How is it passed on?
46:29
-The reason for having trust divisions in the business trust.
52:39
-What is a P-corp?
1:02:13
-How to get a 1099 from the assessor.
1:10:19
-How to calculate the interest in your 220 account.
1:16:12
-Why you don’t have to do all this return.
1:22:42
-How interest is paid to the 220 account .
1:28:58
-What is the difference between the old and the new tax forms?
1:35:43
-What happens if the trust doesn’t sell to a third party?
1:44:37
-Why did the transfer not go into effect until January 1, 2019?
1:50:47
-Why you need to notarize your foundation today.
1:57:52
-There is no such thing as tax-free.
2:05:12