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)?
Scott, i have a whole chapter in my Home Study course on Who Can Be and Who Should Be your trustee. 97% of your questions will be answered in my course…please consider buying it. You will be glad you did!