See the Video Recording here: https://us02web.zoom.us/rec/play/mMJlkOZK9kFEEZFRnCsleyq33MtMQuBwxgNbaQfGUtdWzvEGIj8z8Qw6hSWk0jwa_7oVjvE_MJdUNop1.EDOYhg12KVzGs7Vc?autoplay=true&startTime=1665417710000 Access the Transcript here: https://otter.ai/u/z0K04LM8d4vdMqC1zitzTNlGEdE
LLC Operating Agreement-Statement of Membership Interest, Partnership Interest and Identification of Manager: https://docs.google.com/document/d/1cqD3ly4NJV3J2-yByChpKvPZYetoCRCS/edit
Outline: -What are the three bills of sale you need to do?
12:06
-What’s the difference between a business and a personal trust?
17:40
-What does it mean to be a voting trust?
24:27
-What’s a discretionary trust?
30:56
-How do you change the name of a business trust?
35:34
-The relationship between the division and the beneficiary is like an IRA.
43:13
-Will there be a clause in the operational rules that converts the real estate to personal property?
50:41
-What do you need an EIN number for?
57:20
-How do you use a division for a subject-to-buy transaction?
1:00:57
-What’s the difference between a trustee and a beneficiary in a trust?
1:08:00
-Do you need money at closing?
1:19:00