2023 Personal Trust Q&A Podcast

Q&A Call 06/30/23


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See the Video Recording here: https://us02web.zoom.us/rec/play/jHz3p0XiMB95daFilgtqL0lDMCon9UuhkTxEcIJpP1FqISf3oNrd9IxbEFU2Q6mCcShQBChCKjW9Wmbh.YytsI2nB8ZmAweUf?autoplay=true&startTime=1688141024000

Access the Live Transcript here: https://otter.ai/u/lPu9ihiV3pSO0rAwz3j4UBvt2co?utm_source=copy_url

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Outline:
-Naming a BusinessTtrust. (0:00)
-How do you choose the right name for an ad? (3:47)
-Can the Trust pay long-term care expenses? (5:46)
-Should the lender be notified of the transfer? (6:59)
-How to notify the insurance company. (9:03)
-Where does cost basis come into effect? (10:46)
-Using cost basis instead of fair market value. (12:53)
-What doesn’t work? (15:12)
-What are your plans for the long weekend? (16:38)


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2023 Personal Trust Q&A PodcastBy Ginamarie Gaudio-Grace