Listen "Q&A Call 11/20/23"
Episode Synopsis
See the Video Recording here: https://us02web.zoom.us/rec/play/IjfCZQMjYZmlgEiqqeirb2NPDSxB_US_XaNMGQVbW8E2vuyYrnq-iL4PQGlDjt72HjDgM0bd9BapYFxz.lB1I13dmBgP4-wT1?autoplay=true&startTime=1700499799000Access the Live Transcript here: https://otter.ai/u/saNG_jUrBf9zaJcYxsYUMO9lLHs?utm_source=copy_url 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/insuranceImportant Links:Private Family Foundations and the Law: https://drive.google.com/file/d/1rA62aaVkGPyNDu0oJo4yWgAMK-AokquP/view?usp=sharingFoundation Workbook: https://drive.google.com/file/d/1ywmrWpmYxgBspF7iZJLdaqRxeeFp3Bc2/view?usp=sharingFamily Foundation Retreat Guide: https://drive.google.com/file/d/1N-Ab7WTIExNKRnNug-VC0ys0t4auRMx4/view?usp=sharingPublication 526 - Charitable Contributions: https://drive.google.com/file/d/1VvRnvTmAVHizY_p87bfnPhXiK75zkGmW/view?usp=sharingIRS Resources for Charities and Non-Profits: https://www.abundancegroup.com/charitiesOutline:-Managing foster care funds and Trusts. (4:26)-Business Trust and property division. (13:48)-Setting up a single-member LLC and Trust for real estate investment. (21:12)-Trusts and LLCs for real estate investments. (28:13)-Trusts, bank accounts, and property sales. (38:43)-Business structure and taxes for real estate investors. (45:13)-LLC formation and taxes. (53:59)-Private foundation rules and tax implications. (1:02:31)-5% expenditure rule for non-profit foundations. (1:15:56)-Charitable Trusts and foundations. (1:24:48)
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