Understanding the technical side of land trusts is crucial to ensuring your trust is tailored to your needs.
Any person or corporation holding real property can protect their privacy and assets with a land trust. Land trusts are not required to be registered anywhere, nor do they have to file tax returns. It is easy to avoid probate, transfer beneficiaries and link with other entities using a land trust. There are very few experts in this field. This presenter has been using land trusts for over 40 years and he will bring his practical down-to-earth knowledge and experience to this material. He will explain the many benefits of using a land trust for privacy, profits and asset protection.
Learning Objectives
- You will be able to review using a land trust as a prenuptial agreement.
- You will be able to explain how to finance property held in a land trust.
- You will be able to discuss how to link land trusts with other entities.
- You will be able to identify who should hold the power of direction.
Agenda
- How Is a Land Trust Different From a Living Trust?
- How to Link Land Trusts With Other Entities (I.E. Corporations, LLCs and Other Trusts)
- Revocable vs. Irrevocable?
- What Happens When Your Trustee Dies?
- How to Finance Property Held in a Land Trust
- Can You Sell Property Held in a Land Trust Without Taking the Property out of the Trust?
- How Do You Finance Property Held in a Land Trust?
- Avoiding Re-Assessment, Transfer Tax, Due on Sale Clause and Public Knowledge of Sales Price
- Using a Land Trust
- Using a Land Trust as a Prenuptial Agreement/No Partition
Speakers
Randy Hughes,
landtrustsmadesimple.com- Full time real estate investor since 1969
- Written extensively for local and national real estate publications
- Taught real estate classes at the University of Illinois, Parkland College and Elgin Community College
- Teaches land trust law, writes the only land trust newsletter and blog in the country
- Founder of the Land Trust University, and is an expert writer for EzineArticles.com, MrLandlord.com, BiggerPockets.com and Realty411.com
- Graduate, Eastern Illinois University
Who Should Attend
This live webinar is designed for attorneys, presidents, vice presidents, financial and estate planners, developers, real estate professionals, and accountants.
