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Joel Aylworth posted an update 5 months ago
Hey on the new Certificatication of Trust in the Portal, there’s a new line that says “Trust Protector.” As of now I’m assuming we are both the Trustee and the Trust Protector, is that correct? I just want the bank to approve my account and there be no issues regarding this.
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Pedro J updated their profile 5 months ago
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Peter Hendrickson’s book is available for free online, if anyone is considering buying it. I can’t remember if it’s linked in the course. I’m reviewing and trying to finish the CTC course before tonight’s call. If I have time, I want to create a spreadsheet for tips from the call and I can share a link if anyone wants to collaborate or see it…
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Thank you!
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Joel Aylworth posted an update 5 months ago
Opening Bank Accounts
I need to open a Trust Bank Account, but I’m confused in terms of what I can tell the banks, like what do they need to know and what should I avoid? I know they’ve asked before who the beneficiary is and in this case the Express Trust is not me. It’s my understanding they only need 4 things:
(1) the CP575 IRS form
(2) The Declaration of Trust… -
Saleem posted an update 5 months ago
Looks like I'm screwed.
I think there was a misunderstanding regarding being able to figure out how to get a full return upon getting a membership. I don’t have 2 grand to pay for a course, which would make up over half of what I’d be getting back anyway, so this was a waste of time. It looks like it was a five dollar lesson.
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Bauni Nilson posted an update 5 months ago
New injunctions?
So when I put my car in the trust name and license it, my current plate will change, so do I resend the injunctions with the new plate identity? And if the trust buys my mom’s truck, do I include that in the injunctions? Or do I do another set of injunctions for that truck?
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Kathryn changed their profile photo 5 months ago
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Kathryn posted an update 5 months ago
1099-NEC
Following the same directions for the 1099? Without need of the 4852, I am guessing we add language to the Jurat rebuttal i.e. the reason for the income not qualifying. Anyone?
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Getting through some forms. I know we aren’t filling out every line, what about Occupation … enter that?
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Kathryn posted an update 5 months ago
Crunch time
Finished the tax course earlier this week and getting ready to process 4
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Pam changed their profile photo 5 months ago
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