We’ve spoken at Lex Levinrad’s REIA group in Boca before. I have a specific question: Personally I have a significant IRS debt in ‘non collectible’ status, so any asset I will own will have a lien attached. I have an LLC for my Real Estate Brokerage firm. If I’m understanding your material correctly, I should be the beneficiary NOT the trustee. Would I make my LLC the trustee and place any property acquisitions in a separate land trust naming me as a beneficiary (and have ALL of the land trusts naming the LLC as the trustee)?
Thank you for the quick reply. So me or my LLC should be the beneficiary as you stated, but who would I make as the Trustee. (Due to the pending lien I have personally from the IRS)?