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Christopher Eggleston Podcast
Добавлен 17 авг 2012
Видео
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I have a home can i get money out of it in a trust to buy more land and without using my name
Mommy millionaire
deep
Why can’t the lady who made this video speak for herself?! Off putting….
IDOS 😂😂😂 I DONT OWN SH**
bank trust???
I hate when people make videos of other people's informative videos, and duet themselves into the video either lip syncing, pointing to the video with the real content obnoxiously, or just being an idiotic addition to someone else's content. Stay outta the way man.
A holding company can own a nonprofit? Hmmmmm.
What the person doing on the right? Sign language?
I’m interested
I own the heart that beats in my chest, and the good Lord controls each one of its steps. This is the treasure you once inherit, In Jesus name I declare it, He is the trust, he is to love, He is the Almighty that declared it done, This is the one, you can't buy nor crack, Even after burial, the master came back. Choose wisely because billions can burn. The day will come you wish you had learned. Don't be deceived, for this is the truth, So do you serve money, or does money serve you!
You guys literally use the same diagram. Think of something unique or prove you’re actually doing it. You guys don’t even give the LLCs fictitious names. You all just use the exact same fucking diagram.
What’s a good book to learn about this?
I’d recommend just looking up what a holding company is. Next, look at enterprise organizational maps, like Coca Cola, etc., then you’ll see that the biggest companies in the world are pretty much a combination of holding companies and operating companies (subsidiaries) stringing down like a family tree from the main holding company (parent company). Another term for this structure is “umbrella company”.
Lol everyone can understand the pyramid of how you should layout assets but everyone wanna make money by doing nun. Enough with the fancy patter lay out teach people trades and skills . Then we can come back to these again. Remember yall its about doing what you do best 10 fold. Stay socially active and share the knowledge and experience with others no more gatekeepers
What the point of putting our face in a video without saying anything?
Mommy Millionaire
Thank you
How do you feel about the structure that "series llcs" offer?
How please teach mr
This is very important if you are 40 or above…. If you get sick or have life changing illness you can qualify for federal programs if on paper you dont own anything Put your home and businesses in trust
This is very old the melatonated people or latins started all this in the 1500s from Brazil to New York but they operated under "common law" as a express trust which our names are LLCs which is you in their system nobody can own NOTHING on this land if they not none of these people they deal with deeds these original masters was dealing with "allodial titles"(which is sufficient ownership without payment for any taxes or rent)this is why agencies and LLCs is running everything being 14 amendment citizens is illegal Bill of rights article 13 section 12 the constitution says rights and privileges is only obtained by the article 4 section 2 citizen not to mention all the funds lingering in private sector from the highly educated ancestors of these people in a nut shell these method is only fully beneficial to those mimicking the originals of it all
Own non profits? 🤨
I’m so dumbfounded to this… smh.
Putting LLC in a revocable Living Trust takes away half of the LLC's protection. Why do this?
Would like to watch the original without someones reaction.
What happens if your holding company gets sued?
Sooo tired of seeing people taging videos and just showing their faces there
Good info
These structures no longer work.
Do we really need the person next to the video pointing like a moron 😂
Because im not a billionaire or s millionaire or even thousandare. Barely a hundoare.
Mommy millionare
Can you be the Trustee of your own trust?
If its set up by you...yeah you can.
Mommi millionare
Can you please explain why different LLC instead of under one. Would be great if you make lengthy video in depth on this subject.
It’s to limit liability. If one of the llcs get sued then it doesn’t jeopardize the rest of your assets.
He can’t because he doesn’t know one more word of information past what he shared.
As others said limit liability. Example, you buy a house under LLC, rent it out, llc run by holdings company, owner by trust. You start another llc (ran by holding, owned by trust) doing RUclips videos. Say your renter of your house blows it up cooking meth and the city sues you for your tenant not having insurance. They can sue the llc that the house was under, but you can still make $$$ of RUclips vids. In theory.
what kind of trust should i create tobown the holdings?
what kind of trust is this?
So is that an irrevocable trust?
Irrevocable means you can’t change it , it’s set in stone . Revocable means you can revoke decisions and make changes .
Keep LLCs separate though, it limite your exposure to liabilities
Billionaires do it because they are billionaires, if you're not one dont attempt it, it will be a stupid idea. Youll have a trust that own a holding company with a bunch of blank LLCs that generate less than 6 figures a year when this strageties is designed for multi-millionaires to simply taxes, privacy purposes, and asset protection? Stop trying to do wealthy people things when its not designed for the poor. She's not explaining nothing in the video for a reason. It sounds cool to set up in theory but dmb as hell in practice
Can you help me set up the trust and holding company
S-Corp's are typically bad for owning any kind of real estate. but not sure that would apply to the parent company
Might be a crazy question but by trust is that a trust fund a trust company or is it the samething
This is sooooo powerful & useful. Is it possible to do this as a dual citizen - born in US (without ID but birth certificate) - raised in Germany? Can we link?
What type of trust?
No one ever talks about the COST of these!
What are the cost?
Exactly, depending on what states you have your LLCs you may have to do annual reports, pay annual fees, business licenses and pay a statutory agent. 😂 LLC’s are not just something you open up and forget about like a credit card.
I paid $1200 for my trust.
Cost me 2750 to setup my holding LLC
I paid $150 in one state for a holding company and $130 for an asset in another state…just searched online for the best deal. $280 total
What’s the setup cost for this structure? Also, hire much will it cost to maintain this structure on a yearly basis?
However much it cost to maintain licenses with the LLC and insurance and how ever much it cost for the LLC to operate. The cost of this structure is not relevant. You only need to worry about first, active income sources, then saving the majority of it as a rainy day fund. Then you need to invest the rest into retirement funds in the stock market and once you reach enough to start a business you need to buy the LLC and insurance and start making .money doing something you love to do andbwhen thay business grows enough to sustain itsself yoi ooen anither or jist keeo yhe one growing and then yiu ooen the trusy and out it sll in there a d start buyimg life insrancr on yiur wbole fsmily anf blah bksh blsh im do e trying ti tyoe axxurstely eith this book iwrote thst i have no clue ehay im tlij g anout props if yiu read it this fsr
It’s not cheap to do it this way and will require a lot of help. It’s also not necessary when you don’t own much. You’ll spend more “protecting” what you own than you will make owning it.
@@jimg4059That depends what country you choose to set up your “headquarters” in. Here in Norway, all you really need to establish your business is $3K entry equity + $500 registration fees. With those same initial $3K, you can establish another operating company (subsidiary) via your holding company and only pay the $500 registration fee. Insurances, licenses, etc. depends on what activity your operating company will be doing, but in theory there is no more money required. Other countries might have even better terms for establishing companies, hence why you see many enterprises with “headquarters” (physical or virtual) located in other countries.
Or you protect first, invest and grow.
What type of trust does this realistically
Why did we need a bald girl nodding her head and making facial expressions taking up half the screen for absolutely no reason?
My cousins #AprilHale ❤️🫶🏾