What Is a Land Trust?
HTML-код
- Опубликовано: 15 сен 2024
- Land Trust: What is one and how do you use one? Visit assetprotectio..., lawyerslimited... or call +1-954-400-1050 Please "Like," SUBSCRIBE: bit.ly/Busines... / Discount code "BG25" for $25 off a land trust or LLC and "BGTrust100" for $100 off of an asset protection trust. Call today and speak with one of our attorneys or consultants.
FREE BOOK
Insider's Guide to Asset Protection www.assetprote...
#LandTrust #WhatIsALandTrust
Webull
Click here to get FREE stock when you open a stock brokerage account and make a deposit with Webull a.webull.com/i...
DISCLAIMER
The information provided in this video does not, and is not intended to, constitute tax or legal advice; instead, all information, content, and materials available on this site are for general informational purposes only. Information on this channel may not constitute the most up-to-date legal or other information. This video and/or description may contain links to other third-party websites. Such links are only for the convenience of the reader, user or browser; the we do not recommend or endorse the contents of the third-party sites. The presenter is not an attorney. Lawyers Limited is not a law firm and none of the information should be considered legal advice.
Viewers of this video should contact their attorney to obtain advice with respect to any particular legal matter and their accountant with respect to any tax matter. No viewer, reader, user, or browser of this video or channel should act or refrain from acting on the basis of information on this site without first seeking legal advice from counsel in the relevant jurisdiction. Only your individual attorney can provide assurances that the information contained herein - and your interpretation of it - is applicable or appropriate to your particular situation. Use of, and access to, this video, channel or any of the links or resources contained within do not create an attorney-client relationship between the viewer, reader, user, or browser and video authors, contributors, contributing attorneys, law firms, or committee members and their respective employers.
The views expressed at, or through, this channel and in this video are those of the individual authors writing in their individual capacities only - not those of their respective employers, the associated company, companies, brands, or company as a whole. All liability with respect to actions taken or not taken based on the contents of this video and channel are hereby expressly disclaimed. The content on this posting is provided "as is;" no represen
How do you use a land trust? I hope this video helps! Visit assetprotectionplanners.com, lawyerslimited.com or call +1-954-400-1050 Please "Like," SUBSCRIBE: bit.ly/BusinessGuySub / Discount code "BG25" for $25 off a land trust or LLC and "BGTrust100" for $100 off of an asset protection trust. Call today and speak with one of our attorneys or consultants.
Super helpful and adding a little comical spice makes it fun to watch. Thank you
This information is very helpful. As I’m preparing to build my portfolio of real estate.
Glad it was helpful!
When you buy real estate under the land trust, where and who will get the property tax bill?
The trustee
Great one! Very educational indeed. At around 4:50 you say that the LLC can absorb the liability when in fact the LLC is just a beneficiary. Is that because indirectly the beneficiary (members) and the grantor of the land trust are the same person(s). Would the liability not exist if the beneficiary is a minor for example which can be done later through assignment of interest? That way the land trust absorbs the full liability with its corpus as the only sacrificial asset. I dont see a need for an LLC here. Am I missing something important!
YA!
Nice
With the new transparency laws that just passed, do land trusts still give us the anonymity?
Thank you for the information.
So it sounds like this is something you do after your purchase not something you can do to purchase through for that anonymity? In others words, purchasing through the trust keeping your purchase private from the beginning?
Can do so before or after purchasing the property.
On the GRANT DEED is better to put the trust name first or trustee name?
so you need a land trust and a living trust and an LLC to protect your home bank accounts and car = so you need to pay for land trust llc and living trust? $? will this be
Ok, you covered information, regarding HIDING the ownership of my house, by creating a 'Land Trust',...but how does that 'HIDING' benefit-you, when the lawsuit attorney goes after you with DEMANDS for you to LEGALLY STATE ALL OF YOUR ASSETS? Do you just OMIT that Land Trust, in your return filings? It seems to me, that once the Land Trust is discovered, its so called 'benefit' now becomes useless. Am I right?
Hi. Thank you so much for all the great information you provide to us for free. May i please ask, can a foreigner apply for a land trust in the U.S?
Yes you sure can. Call us 1-954-400-1050
Does the LLC have to be active? I have an LLC that I just use for business credit card purposes to keep my personal credit clear. Can I use that LLC for my land trust?
Hello,
Insurance company wants to see the copy of the land trust should i give them?
I would. The insurance co just needs to know who they're really insuring.
I should ask them to do like this:
Named Insured = Trust name
Additional insureds = All Beneficiaries as Their Interest May Appear
So if you are already in litigation is it too late to put the house on a land trust? I have heard you can’t do it once you have lost the litigation
We've set up thousands of trusts for people in litigation. Just have to do it right. Call us.
Do you need to register the trustee, Wyoming LLC in the state the property located? Many states require LLC doing business in their state registered.
Hi,
Is secondary Beneficiary and Successor Beneficiaries has a same meaning in the trust?
Hello,
If I want to be Beneficiary of my Land Trust myself to control 100% everything by myself only and my wife and kids name listed in the land trust if something happens to me.
I like to set it up so the kids and my wife become beneficiaries upon the death and they don't get slammed with a tax bill. What position i can give them?
So it can not have 5 bedrooms to be able to put in land Trust or if it has 5 bedrooms it will potentially trigger due on sale clause? Trying to purchaser ranch but home on property has 5bed 5bath.
It’s not the number of bedrooms. It is the number of units. So a one family house is fine. Doesn’t matter how many bedrooms it has.
I have a property which owns by my land trust and the beneficially of land trust is my name, now if i want my kids to be part of this property, what can I do that if something happens to me they can be in charge?
I'd put estate planning provisions into the trust.
Hello,
I am paling to purchase personal resident in California in cash, should i purchase under Wyoming LLC with no EIN or Land trust?
My preference: Land trust. I haven't seen it work out well taxwise to buy a personal residence in an LLC. Your CPA can tell you why it's not beneficial for tax purposes as opposed to rental property, where LLC ownership is beneficial.