Wealth Wrangler
Region: US
Wednesday 19 February 2025 20:54:15 GMT
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X Ulises Kalavera X :
Everyone talks about you should create a trust but NOBODY tells you where to go and where you get all those forms !!
2025-02-20 16:25:20
35
1Play_Hard :
Eventually you’re paying taxes when you obtain $ as an individual. Much like a retirement account. This may help for those not get W-2 income. But if you have W-2 income then you can’t do this
2025-02-20 19:54:52
1
Reina.SoulShift :
Can you initially set up a business with a trust or do you need the LLC first? I’m just starting out and want to do it right
2025-06-16 00:13:35
0
unlocking369 :
the ability to keep your money (avoid taxation)should not require a map or legal team- how about no more taxes. 😏
2025-02-22 15:18:40
24
Brentkp :
How about a private express trust with llc an owned by the trust?
2025-04-09 01:43:56
1
🤡momma bell🤡 :
I wish I understood 1 thing you just said 🤔
2025-02-22 00:58:30
65
CoachRussellRobey :
mentor?
2025-02-25 18:52:24
0
Michael Dee Music :
Is it a private or statutory trust?
2025-02-21 14:51:06
0
MonetizeDigitalMarketing :
you don't need an LLC at all with this type of trust, unless you have a professional license.
2025-06-12 01:52:23
0
🇨🇦 STEPH 🇺🇲 :
what about Canada... how do I do this..?
2025-04-16 15:23:12
1
RAMKAM :
Too complicated 🤨
2025-05-05 18:15:46
0
Frank :
trust
2025-05-06 10:19:00
1
Thick Daddy :
Trust is key in relationships
2025-04-09 22:58:56
2
Zack Barkley863 :
Questions 1) Won't you be taxed on any withdrawals? 2) How can you sell a company in trust ?tax implications 3) What is a revenue level where this makes sense? ?$1000/mo ?10k/mo.
2025-02-21 13:38:55
13
FlyFishHack :
And they don’t have $20k to set it up…
2025-02-20 14:59:46
18
David :
sounds like the kind of stuff you would need a lawyer and a good accountant for
2025-02-25 23:29:19
2
Joe Shmoe796 :
are u available for hire 😅
2025-03-20 21:15:01
2
coreyperrin1 :
Thanks for your input! I’m going to open up a trust… Now I should open up a LLC as well ? Do that first?
2025-02-22 19:07:28
0
TO :
Trusts don’t defer tax. Trust accounting and tax accounting are not the same thing.
2025-02-25 14:39:42
1
Nichole Miller387 :
But I have an SCORP (which owns 50% of an LLC PARTNERSHIP). I need to do this. What are my options?
2025-02-21 18:29:35
0
Jeremy :
a wise man once said if you can't explain it simply, you don't understand it. very simple and speaks for itself. good job young man
2025-02-21 06:47:19
1
TurboB5 :
What does a trust like that cost to set up?
2025-05-16 11:13:32
1
JD :
Tax on the trust is higher than personal rates. You still pay taxes, now you pay more.
2025-02-21 03:01:06
1
Warsh101 :
One of the main reasons nobody ever does. This is almost every tax accountant out there that people have used for years have no idea how this stuff works, and as a result, they will typically advise
2025-02-21 20:17:44
0
Sarah Vander Veken :
Canada or in the US?
2025-03-11 05:13:13
2
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