What To Know About Becoming a Consultant

Are you considering working as a consultant or independent contractor? What does that mean for your finances and what should you prepare for ahead of time? We’ll answer those questions plus talk about trusts on today’s episode

 

Read more and get additional financial resources here: https://wp.me/p9B077-KL 

 

Today's show schedule: 

0:30 - Matt shares his excitement for the hope of reopening when the time comes.

1:40 - What would it look like to come back to work as a consultant?

5:17 - Does it make sense to go from being retired to becoming a consultant?

6:31 - What expenses will you incur?

8:03 - What kind of expenses could be considered a write-off?

9:04 - How will you be paid?

10:09 - Does it make sense to set up an LLC or corporation?

11:47 - What kind of liability are you subjected to?

15:04 - Mailbag: Is it wise to have a trust as a part of a financial and estate plan?