What Is A Land Trust & How Can It Help Me?
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What is a land trust and how can it help you? In this video, I will provide a full explanation of what a land trust is and how to hide property transfers with this land trust strategy.
“So a land rust is basically a revocable trust agreement like a living trust.” 0:26
Land trusts are made up of three parties, the trustee, beneficiary, and grantor. Together, they ensure that land trusts are legally enforceable and that the terms of the trust are fulfilled.
A trustee is a person or organization who holds legal title to the property, but not physical possession. The beneficiary is the party who will ultimately benefit from the use of the land; they might be an individual, corporation, or government agency. Lastly, the grantor creates the trust and then transfers the involved property.
In this installment of the channel, we want to go over the benefits of land trusts and their use in the real estate industry. Land trusts are an important tool for both consumers and industry professionals to use in their day-to-day lives, as they can help mitigate risk, increase transparency, and provide a better overall experience with land ownership.
Learn how land trusts can influence your life and how you can use them to increase your overall financial stability.
Subscribe to the channel for more quality content like this and be sure to check out our website for more information on land trusts and other real estate topics.
Show Notes:
0:00 Intro
0:12 What is a Land Trust?
5:46 OwnershipTransfer
8:07 Flipping Property
11:21 Outro
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Clint Coons, Esq. is one of the founding partners of Anderson Law Group, Clint has grown his legal and tax firm to over 400 employees by assisting real estate investors with creating and implementing solid entity structuring plans. His success in these regards is in large part due to his personal investing experience. A successful attorney, real estate investor, and speaker, Clint has used his innovative and dynamic strategies coupled with knowledge borne from experience to help thousands of people save millions of dollars and build real wealth.
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The information provided in this video should not be construed or relied on as legal advice for any specific fact or circumstance. Its content was prepared by Anderson Business Advisors with its main office at 3225 McLeod Drive Suite 100 Las Vegas, Nevada 89121. This video is designed for entertainment and information purposes only. Viewing this video does not create an attorney-client relationship with Anderson Business Advisors or any of its lawyers. You should not act or rely on any of the information contained herein without seeking professional legal advice.
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در تاریخ 1402/01/14 منتشر شده
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