2023 Personal Trust Q&A Podcast

Q&A Call 04/12/23


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See the Video Recording here: https://us02web.zoom.us/rec/play/QNN7O-jtjkihuFDfrUqz49Ftdl6_qAczz5Q-Bp5rypG66eeOXHqvEibxLQkLKW-D2RRYZWLLxA8sKuqs.ndTEdMW-Db4G6uyh?autoplay=true&startTime=1681315338000

Access the Lives Transcript here:
https://otter.ai/u/3yz7805zDvGMX1y0L-0TYxYSyTs?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

Important documents from this call:

  • Publication 537 (2022), Installment Sales: https://www.irs.gov/publications/p537#en_US_2022_publink1000221607

Outline:
-What is the process for selling the notes?
1:07
-How to get a Land Trust deed?
6:28
-Selling the property for 100,000.
13:03
-Selling a note receivable vs assignment of notes.
21:03
-Selling a property to a Trust.
27:57
-How long does it take to sell a property?
37:33
-Serial numbers for foundations and implementation.
44:53
-Selling a property to a Trust.
50:02
-How do you add a successor trustee?
58:19
-Do you need a Power of Attorney?
1:05:25
-Power of Attorney vs. Trustee.
1:13:20
-The Power of Attorney form.
1:20:05

...more
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2023 Personal Trust Q&A PodcastBy Ginamarie Gaudio-Grace