2023 Personal Trust Q&A Podcast

Q&A Call 05/24/23


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See the Video Recording here: https://us02web.zoom.us/rec/play/s5SPXbfVyUY15EmEh1xLuvW-o0S0OZpUBSEVjNPQ9kfp26Ippt26H_Gm4b0cno5booHAoaPknQdn6Gtn.mItX33BOxPd1CgYV?autoplay=true&startTime=1684944138000

Access the Live Transcript here:
https://otter.ai/u/mN7h0PZsywM-kGY4rJWSRViIDM8?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? 

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  • Get your free quote here: https://www.abundancegroup.com/insurance

Outline:
-Karen’s advice on how to close a deal. (9:12)
-The interest on the Promissory Note. (18:38)
-Short-term accounts payable account. (28:52)
-What happens if you’re not a Trustee? (37:43)
-Gift tax return and interest. (43:38)
-Selling the property to the Trust. (47:42)
-Asset protection and asset protection. (54:33)
-Cancelling the interest on your property. (59:55)
-How to make a demand note. (1:04:43)

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2023 Personal Trust Q&A PodcastBy Ginamarie Gaudio-Grace