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TRUSTS & ESTATE PLANNING

   
Trusts & Estate Planning
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By holding property in your own name personally, you are advertising to anyone interested what you own, how much you owe on it, when you bought it, how much you paid, your home address and much more. Start the process of protecting yourself and take back your personal privacy. A Land Trust reduces the chances of someone suing you just because you have assets, helps you protect your property from personal liens and judgments, allows you to transfer your property privately and anonymously, and generally takes your personal business out of the public records.

Land Trusts Generally:

A land trust enables a property owner to have the legal title to his property held by another person, or trustee, while retaining rights and privileges of property ownership (the beneficial interest). The trustee acts at the beneficiaries direction. The property owner retains all land rights, such as the right to possession, to collect rent, mortgage the property, homestead exemption, and any other benefits associated with property ownership.

 

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