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Main Street Business

340: 10 Reasons Why the Trifecta Should be Used in Your Business

Main Street Business

Mark J Kohler and Mat Sorensen

Tax Reform, Entrepreneurship, Business, Irs Updates, Tax Tips, Legal Compliance, Business Structure, Tax Prep, Accounting, Tax Strategies, Management, Financial Reporting, Estate Planning

2.4584 Ratings

🗓️ 27 May 2021

⏱️ 62 minutes

🧾️ Download transcript

Summary

Mark and Mat break down the "Trifecta". A term coined by Mark Kohler himself to describe the perfect legal structure. The Trifecta is a rule book to help business owners organize their operational and passive income in coordination with their trust. EVERY business owner or American who is hoping to build wealth and live the American dream needs to understand the principles of the trifecta. For a limited time only get $300 OFF your estate plan set-up at: https://kkoslawyers.com/estate-p...

Transcript

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0:00.0

Welcome, everybody to this week's episode of the Main Street Business

0:09.9

podcast with yours, Truly Mark Kohler and my amazing co-host, Matt Sorensen,

0:14.2

aka the birthday boy.

0:17.2

That's right, baby.

0:18.8

We're 41, yeah, 41 years old, young, however you want to look at it, I guess.

0:23.9

Wow, that was a little bold to claim yourself young at 41.

0:27.3

Yeah, you know, you know you're old when you refer to yourself in years young.

0:32.5

Yeah.

0:33.3

Corey, do you think, let me ask Corey.

0:34.8

Corey is 41 young?

0:37.3

No, Corey says you're over the hill.

0:40.5

That's a millennial, just giving you a shot at reality.

0:43.0

I think I need like an AARP membership before I can refer to myself in years young.

0:48.1

Oh, what's happening to me.

0:49.9

Yeah.

0:50.7

No, it's great.

0:52.1

Happy birthday.

0:52.7

Birthday weekend.

0:54.0

Saw Mark come down.

0:56.0

My girlfriend put together a cool birthday little party of sorts.

1:01.0

So Mark got me a cowboy hat.

1:03.7

Do you call it a cowboy hat or should it just a hat?

...

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