See the Video Recording here: https://us02web.zoom.us/rec/play/7PWsqONrY6IEBELNyUn43SBaFgvb8MzJLksWf9L5chmZSia76oF8ijEMr84w1jHgqmONE5kxXIjo-8Iw.-Jml_oGvyOeZgyUy?autoplay=true&startTime=1687190533000
Access the Live Transcript here: https://otter.ai/u/c308LdKU2Dvx3U2-Hj_L16DMCQY?utm_source=copy_url
Register for our first Annual Mastermind and Networking Event here: https://www.abundancegroup.com/2023event
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Important Documents from this call:
Outline:-Why does it have to be a divisional Trust? (6:18)
-Shareholders vs. Beneficiaries. (13:04)
-Benefits of a trustee. (21:42)
-Is passive income considered income. (27:44)
-The difference between a deed and a bill of sale. (35:11)
-Why we can’t send the deeds to a Land Trust? (40:06)
-The benefits of having a Land Trust. (48:52)
-Beneficiaries. (56:00)
-Selling the business to a Trust. (1:07:02)
-The problem with a Private Family Foundation. (1:13:00)
-The difference between a Private Family Foundation and a Charitable Trust. (1:22:03)
-The benefits of having a Private Charity. (1:27:39)