See the Video Recording here: https://us02web.zoom.us/rec/play/uJsZhDqGwsDg1mbyeFlxfG-Fpt47fpjCTDUFW21W-7wrhU8yrfgLu-NnkbpX6QMoqgkZxbjUATFfqqxh.BRFBiIVM-kKSEC2A?autoplay=true&startTime=1680278670000

Access the Live Transcript here: https://otter.ai/u/kz6655e-hHsPpofvl9PfhTNAlzQ?utm_source=copy_url

Register for our first Annual Mastermind and Networking Event here: https://www.abundancegroup.com/2023event

• There are a limited number of rooms blocked for the event with discounted rates available. Please book your room sooner than later to guarantee these rates!

Looking to invest in life insurance and leverage your Trust? 

• Email Ben at [email protected], or use the link below to receive your free quote!
• Get your free quote here: https://www.abundancegroup.com/insurance

26 U.S. Code § 7872 - Treatment of loans with below-market interest rates: https://www.law.cornell.edu/uscode/text/26/7872

26 U.S. Code § 501 - Exemption from tax on corporations, certain trusts, etc: https://www.law.cornell.edu/uscode/text/26/501

26 U.S. Code § 483 - Interest on certain deferred payments: https://www.law.cornell.edu/uscode/text/26/483

Deficit Reduction Act of 1984: https://www.irs.gov/pub/irs-tege/eotopica85.pdf

Outline:
-Operating your Business Trust.
11:44
-Taking out a loan for 100,000.
15:22
-Moving cash from a refinance to a Trust.
23:31
-Are we allowed to transfer real estate to a Trust?
29:41
-Open a Personal Trust in 2021.
36:34
-Divisional trustee vs. Trust protector.
40:54
-How do you decide what to keep in the Trust?
56:02
-A demand note doesn’t have any interest.
1:03:02
-Should I file a tax return for interest income?
1:09:27
-How to determine the interest rate on a loan?
1:15:42
-What to expect on this week’s call?
1:22:26