See the Video Recording here:
https://zoom.us/rec/play/z65KRg53dguqzVAvJ-hqlDhGcPUQ9-YWSqY_L9yk2feg7RztpHe2FwKegpDmmkWukbkgSnKlBR4jjoTc.iY-6wqtaVk-aKMU8?autoplay=true&startTime=1733850443000

Access the Live Transcript here:
https://otter.ai/u/uztD50EmQeLlVEETYbvCQ35aAc0?view=summary

Outline:
- IRS Website Downtime and Initial Meeting Setup (3:08)
- Introduction to Trust and Corporate Credit Training (7:59)
- Understanding Trust Bookkeeping (9:56)
- Trust Expenses and Chart of Accounts (31:01)
- Corporate Credit for Trusts (31:24)
- Practical Examples and Questions (44:44)
- Handling Beneficiary Errors and LLC Corporate Credit (51:19)
- AI Transcript Access and Future Training Plans (54:52)
- Final Remarks and Participant Feedback (59:29)

Chart of Accounts: https://www.abundancegroup.com/coa

Training #10: Operating Your Trust & Corporate Credit for Your Trust

Outline #2:

-Running a business out of your Trust.

0:01

-How to obtain a quote for life insurance.

4:50

-How to diversify your investments.

9:34

-Risk tolerance and fiduciary responsibilities.

15:02

-How do you get around the bargain sale rule?

21:28

-What is the bucket where you can take risks?

25:54

-How are you getting the money to flow?

33:27

-On-going onboarding process.

39:30

-The importance of assets and liabilities spreadsheet.

45:53

-Wyoming LLC attorneys.

54:06

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