Trusts That Own Businesses and Real Estate: Revocable, Grantor, Spousal, and S Corporation-Eligible Trusts

Put your business and property interests in the right trusts so they pass without probate, stay out of your taxable estate, and do not break your S corporation election.

Who it is for: Owners of S corporations, LLCs, and rentals who have or need a trust.
Runtime: 60 minutes

Pre-order: this course is still in development. Your purchase includes its materials as they are published in your portal. No release date is confirmed. Buy 5 or more and every course is 30% off.

See the full track See the full curriculum

After payment is confirmed and your access is set up, the files listed below can be downloaded from your portal. Any unpublished materials will be added when ready, at no additional charge.

Files currently available

Trust as Owner Eligibility Chart.
Election Deadline Calculator Guide.
Election Deadline Calculator.
Qsst Esbt Election Templates.
Trust Ownership Transfer Checklist.
Business in Trust Structure Diagram.
Grantor Trust Powers Explainer.
Slide deck.
Visual: Roadmap.
Visual: Revocable Trust Diagram.
Visual: Grantor Trust Flow.
Visual: Eligible Trusts Chart.
Visual: Qsst vs Esbt.
Visual: Election Timeline.
Visual: Llc Transfer Flowchart.
Visual: Real Estate in Trust.
Visual: Grantor Powers.
Visual: Worked Example Diagram.
Visual: Worked Example Numbers.
Visual: Decision Tree.
Visual: Traps.
Workbook.
The narrated lesson. 60 minutes, cued to the deck, with chapter markers by lesson. Added to your portal when published, at no extra cost. This purchase does not guarantee that the narrated lesson is available today.

What the course covers

01The revocable trust as owner: nothing changes except probate5 min
02The irrevocable grantor trust as owner: out of the estate, taxed to you, and why that is good8 min
03S corporation eligibility for trusts: grantor trusts, the two-year window, and the two elections10 min
04The election deadlines and the relief when you miss them5 min
05LLC and partnership interests in trust: transfer restrictions and consents5 min
06Real estate in trust: title, lenders, and the homestead5 min
07Who can be trustee, and the powers a grantor cannot keep6 min
08Worked example: 40 percent of an S corporation moves to a spousal trust by gift and sale, and a children's trust elects at death10 min
09Tricks of the trade and traps: the swap power, paying the trust's tax, decanting an old trust, and the missed election that ends the S election6 min

How it fits: Requires 3.2, 3.6, and 5.3. Pairs with 8.3.

The standard every course holds

A narrated lesson of 45 to 60 minutes, produced as audio
A designed slide deck you download and keep
A computational workbook that runs the actual legal tests
A toolkit of checklists and protocols
A legal authority appendix carrying the two-pass vetting protocol

Written for a diligent reader with no legal education. Professionally narrated using a studio voice model of Brian T. Boyd. The course is recorded instruction, not a live consultation.

Where this course sits

Track 6: Structuring Business and Estate Architecture

This course is one step in a track built around a single outcome. See the full build order and the other courses that get you there.

Back to this track

Educational material from the private client curriculum of Brian T. Boyd. This is legal education for a general audience, not legal advice, and no attorney-client relationship is created by purchasing, viewing, or using it. Tax outcomes depend on your facts and your state.