@wealthwrangler: What can the trust spend money on? #tax #wealth #trustfund

Wealth Wrangler
Wealth Wrangler
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Region: US
Saturday 22 February 2025 21:00:01 GMT
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traytonwashpros
TraytonNator :
but the trust can be used to pay a "managers perk/bonus" to pay for fun food and fashion. especially in the form of gift cards.
2025-02-24 18:08:12
8
deni3all
Best HVAC :
What does it cost to set up a trust ?
2025-04-07 21:56:35
0
user92875158
Les Ditmars :
Just live your life and forget about the government. They don’t tell me how they spend our money I don’t tell them how I spend
2025-02-23 21:02:43
4
skrappypappy
Skrappy Pappy :
However food and fashion for children are justifiable.
2025-03-24 00:36:06
0
art.of.jar
JAR :
From my understanding, those are just recommended rules for general trust but if clauses are included specifying this you can use food fun and fashion. The IRS doesn’t have specific code against this
2025-02-23 01:18:42
2
jim84206
jim :
theirs something else nobody told us
2025-02-26 08:50:12
1
saved_sinner1776
it's me :
so how much is a trust setup? for crypto
2025-02-26 13:47:23
1
mountainviewzzz
Mountainviewzzz :
I need an asset protection trust. And I am clueless on how to do this
2025-02-23 05:29:45
3
vicmendozajr
VicMendozaJr :
Im still so confused about all of this ?!?!
2025-02-24 23:30:53
0
macasey888
Macasey777 :
Right
2025-02-23 00:33:18
0
kjh08211
kjh :
No, but a church can spend money on fun food and fashion in the church can be owned by the trust. Also, when you have real estate owned by a church, there’s no property taxes.
2025-03-25 19:26:43
1
danrombk
Danny! :
Payment of debt is not deductible
2025-02-23 02:49:41
0
owendiamond893
Owen :
Its like a credit card loan guys and you cancel it with a 1099a or c
2025-02-24 04:04:04
0
born_to_win79
Born_to_win’79❌ :
Nice
2025-03-01 03:09:38
0
4patterson1723
4patterson :
😏😏😏
2025-03-26 00:27:07
0
johnwennberg
John :
👍👍👍
2025-03-15 05:06:06
0
ohwildcat21
❤m&m❤ :
🤔🤔🤔
2025-04-19 11:23:05
0
futuristfounder
Jonathan C Krause :
💯💯💯
2025-02-22 21:24:50
0
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