Patricia Gammage
Real Estate Notes-Asset Ventures/Tony Martinez - Non Payment of Notes
27 July 2017 | 13 replies
If you're certain that the business relationship is irrevocably damaged, remember that many disputes are resolved in the court of public opinion.
Matt Hangsleben
401K: Continue Contributions or Stop?
2 March 2019 | 147 replies
An Irrevocable Life Insurance Trust can move wealth out of an estate and to the beneficiary bypassing estate taxes.
Mary Eubanks
Tax Strategy - Irrevocable Trusts
20 October 2022 | 7 replies
I spoke to a company that works with my CPA that has offered to create me an irrevocable trust in order to reduce my passive income tax liability to zero, reduce my active income (real estate commission) to nearly nothing, and make it bullet proof.
Phyo Ko
Seeking advice feel like I am being over sold by CPA/ tax advisors
7 November 2023 | 17 replies
They didn't mention the idea of opportunity costs, because I want you to add those amounts up and brainstorm all the ways you can never spend it once you commit.Ask them how much it will cost to make sure that living/revocable trust will cost to structure so when it becomes irrevocable all transfers are carried out correctly.
Andi Morgan
Moving rentals into LLCs w/ girlfriend but single-member LLCs are all we hear about?
26 December 2023 | 9 replies
These properties are in NC and SC and we are also looking for reasonable attorney recommendations for good, solid asset protection plans that involve LLCs owned by another company and possibly an irrevocable trust of some sort on top of that (not totally foreign).
John Mcdaniel
How to pick most favorable state for incorporation
15 June 2015 | 12 replies
I have a revocable trust here in Idaho, as well as an irrevocable trust that is domiciled in Utah by virtue of its corporate administrative trustee and bank account.
Jake Kucheck
Specific SDIRA Transaction
6 January 2011 | 10 replies
The penalties for prohibited transactions are so severe (immediate and irrevocable distribution of the entire IRA) that I don't think you would want to try to do any skirting.
Joey Fontenot III
Land Trusts
7 October 2011 | 25 replies
Now, an irrevocable trust can be formed to shield assets, but that is a whole other enchilada.
Robert D.
To LLc or not
5 December 2008 | 6 replies
The members of my LLCs are my wife and I, as trustees of an IRREVOCABLE trust.
Mark Dante
Real Estate Professional Tax Loophole - holdings in a trust
11 March 2018 | 7 replies
Person B set up an irrevocable generation skipping trust that has 47 1/2% % which is NON-voting.