See the Video Recording here: https://zoom.us/rec/play/AG-RxEQ2ZHtRi_jzrI7zn8xkoRJjYV1JFVeFCVGfgq60GLMjZvJxVJUSqHvoClj7_e6-gSZszK4tIvET.PgAaA0kTnEnSE5ix?autoplay=true&startTime=1685549261000

Access the Live Transcript here: https://otter.ai/u/g0GQW16iMCkgzCGxSTPmpmJJkJk?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

Outline:
-What is the effective date to transfer property? (3:39)
-How to do your own bookkeeping? (11:00)
-How do you change the title to the Trust? (15:00)
-How long is it to set up a Trust company? (21:32)
-A property management agreement. (25:17)
-The best way to convey a rental property to a Business Trust. (35:59)
-Personal vs business accounts. (43:41)
-Cancelling interest on accounts payable. (47:24)
-How to acquire health insurance in the name of the Trust. (53:42)
-Transitioning into a Wyoming LLC. (1:01:21)
-Why can’t we put passive income into a Trust? (1:06:23)
-A client question about transfer taxes. (1:11:36)
-What is a disregarded entity? (1:16:42)