Michael Glover
Michael Glover
  • Видео 42
  • Просмотров 16 833
Understanding Family Councils
How do high net-worth families do business? They have family councils, and they look different for every family!
Here, Rick Durfee, Melodie Durfee, Michael Glover and Kale Hamblin discuss what a family council looks like.
For the full episode, go to www.TheOffices.com/
Просмотров: 155

Видео

Thank You For All Of The Birthday Wishes!
Просмотров 13 года назад
Hey! I just wanted to thank you all for all of the birthday wishes. You all know how to make a guy feel good! This year I want to help as many people as I can. Text Me at (602) 560-8289 and let's see how we can help one another! CONSULTING. Need help with your business? We are accepting applications now to work with us in a small group or face-to-face (video conference available). Serious inqui...
Dealing With Setbacks
Просмотров 104 года назад
Dealing With Setbacks
Focus On The Positive
Просмотров 94 года назад
Focus On The Positive
4 Steps To Create Excellent Company Culture
Просмотров 194 года назад
4 Steps To Create Excellent Company Culture
Setting Goals and Life Coaching with Darbi Brisbon
Просмотров 454 года назад
Setting Goals and Life Coaching with Darbi Brisbon
The Creator's Journey with Cherry Durfee and Mike Glover
Просмотров 874 года назад
The Creator's Journey with Cherry Durfee and Mike Glover
Personal Injury With Trevor Orme
Просмотров 924 года назад
Personal Injury With Trevor Orme
How To Be A Family Man And An Entrepreneur
Просмотров 2125 лет назад
How To Be A Family Man And An Entrepreneur
What Is A Charitable Plan?
Просмотров 835 лет назад
What Is A Charitable Plan?

Комментарии

  • @clee1173
    @clee1173 6 месяцев назад

    "patreon bonus stories...???"

  • @tjohnson8192
    @tjohnson8192 10 месяцев назад

    This is very helpful

  • @clibertin6223
    @clibertin6223 Год назад

    Average money needed to start and fund

  • @billhall2875
    @billhall2875 Год назад

    What are you using to write on your presentation? Are you mostly promoting a one life CRT and using the extra funds to to fund a wealth replacement trust and funding it with premium financed life insurance or stand alone life insurance?

  • @thomasderosier6400
    @thomasderosier6400 Год назад

    sssshhhhhhhh. You can do better brother.

  • @Kitman0304
    @Kitman0304 2 года назад

    Hi Michael, why do you say the income tax rate is more favorable than the capital gain rate (10:08)? Isn't the capital gain rate usually lower? 15% or 20%

  • @amatullahsaafir685
    @amatullahsaafir685 2 года назад

    How does one get started?

  • @lmwms1
    @lmwms1 2 года назад

    How would I do the redirect to my Facebook group using my Wix website?

    • @MichaelGloverTV
      @MichaelGloverTV 2 года назад

      In your Wix backend, you can search for a 301 Redirect. From there you would make the redirect to be www.yoursite.com/facebookgroup and then assign that to the address of your group.

  • @waili9702
    @waili9702 2 года назад

    Do you choose the payout % from the very beginning when you create the CRT? Hypothetically, if you put 100k in the CRUT and you have an investment that can have a ROI of 30% the first year and 60% the second yr, can you change the payout % to be larger the 2nd year?

  • @rday10036624
    @rday10036624 2 года назад

    What would you expect that a 55 year old male could receive monthly as an income? His charitable donation would be about 2 million for example. Also, could the beneficiaries receive a monthly payout the same time as the donor?

    • @MichaelGloverTV
      @MichaelGloverTV 2 года назад

      There are a number of variables to consider such as tax rate, life expectancy and so forth. For a Remainder trust, the charitable beneficiaries receive the remainder at the end of the CRT, and not regular payouts. The donor can choose to donate their payout to a charity if they do not need that income. The reverse of the CRT is a Charitable Lead Trust, where the charity receives the distribution and the donor then gets the money back at the end. When looking at these options its always best to talk to a tax professional. I hope this helps!

  • @jaiem.1724
    @jaiem.1724 2 года назад

    Could you produce an updated RUclips on this??

    • @MichaelGloverTV
      @MichaelGloverTV 2 года назад

      Thanks for the comment. Is there something specific you need answered that we can cover? The information would be pretty much the same on how a CRUT would work.

  • @starseedawakened5897
    @starseedawakened5897 3 года назад

    Is it ok the change the profitable crypto to UDST before you to send to the CRT?

    • @hornbaker
      @hornbaker 3 года назад

      Can you? Sure. Would you want to? No, because it would cause taxable gains to be realized. He left out a huge piece of the strategy here - you typically donate assets that have a large, unrealized gain. Maybe you had a big crypto gain this year but don’t want to pay the taxes in a lump, which you would if you sold. Donating an appreciated asset to a CRUT is a tax-free event, you get a partial write-off, as a charity the CRUT can sell the asset and reinvest without a tax event, and you convert the profit to long-term income (which is taxable later). Depending on the dollar amounts involved (because of tax rate thresholds), it can be a tax-saving strategy.

  • @myecolove878
    @myecolove878 3 года назад

    Crypto currency can be donated too right?

  • @ezroland
    @ezroland 3 года назад

    Thank you, very important information.

  • @MichaelGloverTV
    @MichaelGloverTV 4 года назад

    Your focus has never been more important. What have you done to help your focus and your business during this time?

  • @MichaelWander
    @MichaelWander 4 года назад

    Awesome content!

  • @MichaelGloverTV
    @MichaelGloverTV 4 года назад

    What ways to you take payments online? What struggles have you had?

  • @VickiONeill
    @VickiONeill 4 года назад

    It's definitely scary as an entrepreneur AND as an employee - I lost my job due to a company acquisition. No notice - just no paycheck two weeks later. That's a tough situation especially when you're on your own.

    • @MichaelGloverTV
      @MichaelGloverTV 4 года назад

      Wow! That's tough. Definitely a baptism by fire situation!

    • @VickiONeill
      @VickiONeill 4 года назад

      @@MichaelGloverTV you learn very quickly what you need to do to earn money 😊

  • @MichaelGloverTV
    @MichaelGloverTV 4 года назад

    Have you ever heard of any of these strategies before? Let me know in the comments what experiences you have had!

  • @MichaelGloverTV
    @MichaelGloverTV 4 года назад

    What struggles have you faced as an entrepreneur? Let me know in the comments below!

  • @MichaelGloverTV
    @MichaelGloverTV 4 года назад

    Let us know how you face fear and what intro/outro you liked best!

  • @VickiONeill
    @VickiONeill 4 года назад

    Two tools I use in my business are Slack and Trello. Slack is great for communicating with people regardless of their geography (especially international) and Trello is great for organizing projects and sharing updates.

  • @MichaelGloverTV
    @MichaelGloverTV 4 года назад

    What tools have you used in your business? Let me know in the comments below!

  • @MichaelGloverTV
    @MichaelGloverTV 4 года назад

    What setback have you faced and how do you pull yourself out?

  • @MichaelGloverTV
    @MichaelGloverTV 4 года назад

    What things do you do to think positive?

  • @MichaelGloverTV
    @MichaelGloverTV 4 года назад

    What are some of the ways you put yourself out there to get known? Let me know in the comments below!

  • @VickiONeill
    @VickiONeill 4 года назад

    It was great to hear Cherry asked for feedback - and actually got it. I've done that before and I get crickets lol

    • @MichaelGloverTV
      @MichaelGloverTV 3 года назад

      I agree Vicki. Many never respond with feedback.

  • @AaronWaller
    @AaronWaller 4 года назад

    Sorry I missed the end of this stream but I loved the info you provided. Also loved your mix of videos and other media during your live. It was really smooth!

    • @MichaelGloverTV
      @MichaelGloverTV 4 года назад

      No worries! I really appreciate your comments in the show and the kind words!

  • @MichaelGloverTV
    @MichaelGloverTV 4 года назад

    What do you use your website for? Let me know what you liked and what you think I missed!

  • @MichaelGloverTV
    @MichaelGloverTV 4 года назад

    What is your opinion on the best CRM? What feature do you absolutely need?

  • @smartbusinessplanning
    @smartbusinessplanning 4 года назад

    I use accountability to stay motivated :) knowing others count on me is so important for me :)

    • @MichaelGloverTV
      @MichaelGloverTV 4 года назад

      Excellent suggestion! Accountability is important!

  • @MichaelGloverTV
    @MichaelGloverTV 4 года назад

    These are not the only things that work! Let me know some tips you use to stay motivated in the comments!

  • @MichaelGloverTV
    @MichaelGloverTV 4 года назад

    What steps will you be taking action on? Let me know in the comments below!

  • @MichaelGloverTV
    @MichaelGloverTV 4 года назад

    How often do you set goals? Let me know who holds you accountable to those goals.

  • @ScullyPop
    @ScullyPop 4 года назад

    What a fantastic format. Excited to be a part of this community at its beginning.

  • @MichaelGloverTV
    @MichaelGloverTV 4 года назад

    Have you experienced some similar things on your own journey? Let us know in the comments below!

  • @MichaelGloverTV
    @MichaelGloverTV 4 года назад

    Enjoy this video? Be sure to comment with your questions!

  • @danielschwarze2685
    @danielschwarze2685 5 лет назад

    Great tips on the apps for collaboration of family schedule. Thats probably the biggest thing for fostering unity for our family is knowing eachother's plans and goals.

  • @MichaelGloverTV
    @MichaelGloverTV 5 лет назад

    Thanks for watching!! How do you balance time between life and business?

    • @getsmartquick
      @getsmartquick 2 года назад

      I systematise my behaviour And am organised with a diary thinking of getting a pa but I'll see

  • @MichaelGloverTV
    @MichaelGloverTV 5 лет назад

    Using a charity or a cause can help with taxes, raising children and build a community. Have you ever thought about starting a charitable cause?