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KJ, please call me at 217-355-1281 Mr. LT

September 16, 2020 2
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Terrence, i would like to help you but i do not understand your question. Please restate your question. Mr. LT

September 2, 2020 2
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Hi Phyllis, You asked: If you have a Personal Property Trust as a beneficiary to a Revocable Real Estate Land Trust can you own the Personal Property trust? YES, YOU COULD OR YOUR OTHER ENTITY COULD...

September 1, 2020 2
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Land Trust in Texas

Lynn, yes this is the type of information i provide my students. I don't believe you are student of mine, are you?   Mr. LT

August 31, 2020 5
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Joelle, You should deed out of your name and directly into your land trust Mr. Land Trust

August 12, 2020 2
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Can one buy real estate with a land trust?

Kevin, YES is the answer...and you have discovered the smartest way to buy real estate by NEVER taking title in your personal name.   Mr. Land Trust

August 12, 2020 5
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David, You asked: I personally live between NYC (my main home) and Poconos, Pennsylvania. (My second home). I am looking to purchase a single family property in South West Florida to rent out for 10-15...

July 11, 2020 2
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Thomas, you need to get the title of your property out of your name ASAP. The problem in Michigan is they do not recognize the typical Land Trust structure. They have something called a "Lady Bird" deed....

July 11, 2020 2
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Marvin, YES, you can! Aren't land trusts wonderful? 🙂 Mr. LT

July 3, 2020 2
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Out of Country trustee

No, i would not suggest you use someone from outside the US as your trustee for lots of reasons too involved to explain in this post. Mr. Land Trust  

May 21, 2020 5
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I think it would be best if you had more than one trustee. if you need some suggestions, please call me at 217-355-1281 Mr. Land Trust

May 16, 2020 2
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Yes, unless you are forming 6 CA land trusts and using a CA individual as trustee. In CA citizens (non-attorneys & professional trustees) can only be trustee on 3 CA land trusts. Mr. Land Trust

May 15, 2020 2
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You asked: Are the property taxes assessed for property held in Land Trust based on the Trustee or Beneficiary? Answer: They are based upon the assessed valuation of the property. It has nothing to do...

May 12, 2020 2
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does my FL land trust need to have a FL trustee

To my knowledge, Florida trust law does not require a Florida trustee (some other states, like VA, do require an in-state trustee)   Mr. Land Trust

March 30, 2020 5
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What steps are required to obtain a mortgage on a property I would like to put into a land trust?

You asked: Does a property need to be owned free and clear before putting it in a land trust?  No I took occupancy of my recently deceased fathers home and need to obtain a mortgage for the balance...

March 30, 2020 5
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Samuel, You asked: Is it difficult for a Land Trust to get approved for mortgage? The land trust does not qualify for the loan, the beneficiary does. Land Trusts do not file tax returns or have tax i...

March 30, 2020 2
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James, Deed the property out of the trust either to the beneficiaries or a new buyer. The trust will then be empty and worthless to anyone. It's not a good idea to reuse a trust. Create a new one if...

March 26, 2020 2
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Byron, You are correct in your decsription of how an "inside lawsuit" would progress. An "outside lawsuit" directly against the beneficiary for an issue unrelated to the property held inside the trust,...

March 26, 2020 2
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Asset Protection Course/Book Differences
March 5, 2020 5
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Copy of Invoice
March 5, 2020 5
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