@only.living.trust.book: Don't open a bank account in your own name. Otherwise you're falling right into the greedy taxman's trap. #taxes #BookTok #livingtrust #moneytips #taxes
You can’t hide your identity with a revocable trust. The grantor, that’s you, must be named in the trust document and on the EIN application. Banks will see your name as the responsible party, and the IRS links the EIN directly to you. So, this setup won’t provide the anonymity you’re looking for.
2026-08-26 14:15:05
5
Arlene :
Doesn’t that help your FICO score by opening up your own account?
2026-08-31 19:37:44
0
JackpotStrategyPro :
so you mean no one knows what you do for a living but they can see you transfer the amount of money from you bank account to trust account but after that they won't know how much you have in your trust account ? you mean they don't know how to do math ?
2026-08-26 09:29:30
0
Firekiller13 :
insurance biggest scam
2026-08-26 21:06:04
0
ernesto :
Insurance companies
2026-08-26 07:06:38
0
SOLI 🌍 :
401k
2026-08-27 20:41:00
0
stephenmichael6065 :
tax code
2026-08-22 14:02:37
5
Sonia :
Taxes
2026-08-26 00:48:36
7
Nunya__Biznass69 :
Answer: The American Dream
2026-08-26 18:32:35
0
LIVE_LIFE :
Our income is taxed when we earn it and then that same money is taxed again when spend it.
2026-08-28 14:03:01
4
benherb :
I have my money in the bank can I take it out and do this
2026-08-22 12:43:24
1
RDM :
Income tax
2026-08-26 16:28:44
3
pete :
Social security
2026-08-25 17:33:56
1
sal :
Current insurance and cable TV
2026-08-26 16:50:13
1
panda King 64 :
School
2026-08-21 21:17:04
1
SBrad100 :
SS
2026-08-25 20:16:06
2
josecastellanos4687 :
777
2026-08-23 19:19:41
0
livfree303 :
Taxes
2026-08-22 15:08:45
2
GCSoap :
Oh please
2026-08-27 01:06:23
0
tranquilbob :
marriage, taxes, insurance, etc
2026-08-26 21:57:23
0
Teresa Martin :
trußt
2026-08-28 06:41:22
0
augsburg1530 :
Property tax
2026-09-03 22:18:11
0
Joker :
ridiculous
2026-08-27 09:45:52
0
user9718724593660 :
ss
2026-08-28 15:58:16
0
Philip G POV :
Selling air
2026-08-26 14:38:32
0
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