If you have a Personal Property Trust as a beneficiary to a Revocable Real Estate Land Trust can you own the Personal Property trust? Who do you get as a Trustee of the Revocable Real Estate Land Trust?
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Phyllis Asked question
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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 BE THE BENEFICIARY. Who do you get as a Trustee of the Revocable Real Estate Land Trust? I HAVE AN ENTIRE CHAPTER IN MY LAND TRUSTS MADE SIMPLE BASIC HOME STUDY COURSE DEVOTED TO THIS ISSUE. I ENCOURAGE YOU TO GET A COPY AND REVIEW AS YOUR TRUSTEE IS VERY IMPORTANT.
Mr. LT