Most of the time we are talking to you about putting your property into a Land Trust and all the benefits of doing so. But, what if you are buying property currently held in a Land Trust? Should you take extra precaution? The answer is YES! Before you take title (hopefully into your own Land Trustee's name....not your own personal name) from property currently held in a Land Trust, be sure to run a title search on all parties involved; Director, Trustee and Beneficiary. A title search on each of these individuals will assure you that there are no "clouds" on the title being conveyed to your Trustee. Also, be sure to read the title policy and make sure they do not issue excessive "exceptions" related to the Director, Trustee and Beneficiary...this would weaken the insurance coverage that you receive.

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