Trust, Holding Company, and then, LLCs

When building your Real Wealth Matrix, I highly encourage you to build it from top to bottom. Start with your Trust, then your Holding Company, and finally your Operational Companies.

If you have questions about how to do this when you already have some operational LLCs in place, comment with the words "Real Wealth Matrix" and I will send you more information.

If you're like me, you're always looking for ways to grow your business—but what if I told you there was one thing that could help you get to your next level? And the best part is that it's completely free!

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[diane.moore-]

At the very least, I now grasp the concept of leverage. Creating wealth and financial freedom isn't as tough as many people believe. Building wealth and remaining financially stable indefinitely is a lot easier with the appropriate information. Participating in financial programs and products is the only true approach to make a high income and remain affluent indefinitely.

[OGeezy]

The Top to the Bottom approach makes a lot of sense; however, I've heard it is expensive to form trusts and holding companies, especially because of the hiring of attorneys.

[tangodown]

For someone who doesnt have a lot of cash start with a holding company in WY, they dont list memeber or manager so youve cut yourself off the record there, then you can start your OC llc and list it memeber managed listing the holding as the member your off the record. Then form the trust when you have made money as its the most expensive part. Thats what a lot of these tubers dont get is that normal people looking to start a small business likely dont have 15-20k to set the full structure from the start. WY Holding>OC>Trust is the most budget friendly way to grow into it without having to get your name removed from the llcs later that could be tracked back to you.

[michaelshail]

Sorry I don’t know your name but have watch other videos.

I have my llc set up, which is held by my holding company in Wyoming. As my business grows, I’ll be setting up the trust.

A few questions:

1) I want to start a foundation or charity down the road. Can the trust own that or where does that fit into the puzzle? And which one is easier to manage with less constraints with members, regulations etc?

2) Thoughts on a international trust?

3) I saw a video you posted of having two holding companies. 1 for passive income and 1 for active, any particular reason why? Does it protect more keeping it the two separate?

4) Should holding companies and llc be taxed as a S-Corp?

Thank you.

[TykeNotes]

I thought I thought of this lol two days later I see this short. Good stuff 👍🏾

[kelvinl.]

Another important one is LLC pass through tax.

[VibeXevents]

Wish I did this I started with a hold co

[sihle_niico]

Yo @uplevelentrepreneurship
Can you please do that YouTube thing.. whereas if & when you're mentioning a different video, it tags it or leads directly to it.
Thanks for the content & lessons

[ulrichkouassi]

Does the BOI's Fincen new requirement still make this strategy valid? I am really looking forward to hearing from you.

[AJay-ltpy]

Or you can file an amendment after the fact but there is a processing fee.

[daymackgaming]

Looking to find out more on this subject. Can you point me in the direction of some books maybe or something? TIA!

[richardbroadnax]

What if you started the operating company that is subsequently acquired by the holding company

[erikbrown]

Can we do a cook island trust that owns a Wyoming holding company then put businesses under that

[TumaMa]

Is using a registered agent and the of is in W6, does that still apply?

[doctorrenovator]

Can you set this up for me and how much does it costs

[isaigarcia]

What I'd you already have an LLC on a different state from the ones you mentioned?

[navbhavyasingh]

Hey can you elaborate more on this in detail. Would live that. Thanks!

[evschaefle]

Shoot. New to it all and put in place an LLC. Is it possible to "correct" this in this structure.

[astrospirit]

Is it true u need like 10 grand to even have a trust? If so this is not accessible to all people. Like I’m learning so much about trust but who has 10 grand laying around 😟

[relaxedatmosphere]

So if I’ve gone completely backwards with this, am I able to fix it? So I created all my LLC’s years ago and I just recently created my Trust. Am I able to move those LLC’s into the trust and if so, what is the easiest way to do it?