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Creating and Maintaining Land Trusts | Nested Trusts


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Kezar
Billing Specialist

 

Nested Trusts

Thursday, February 25 2010 06:10 PM

 

Would an instance ever arise where one might want a land trust to be the beneficiary of a land trust?  Could it be done?  Would it add any greater degree of anonymity or present a larger road block to ownership discovery?

REPLY

Randy Hughes
Master Advisor-39 years of experience

 

Re:Nested Trusts

Saturday, February 27 2010 04:03 PM

 

KEZAR,

SEE MY COMMENTS BELOW IN BOLD.

RANDY

Would an instance ever arise where one might want a land trust to be the beneficiary of a land trust?  Could it be done?  Would it add any greater degree of anonymity or present a larger road block to ownership discovery?NO, A LAND TRUST CANNOT BE THE BENEFICIARY OF A LAND TRUST. HOWEVER, YOU ARE ON THE RIGHT TRACK. A PERSONAL PROPERTY TRUST CAN BE THE BENEFICIARY OF A LAND TRUST AND THIS BURIES OWNERSHIP EVEN DEEPER THAN THE STANDARD LAND TRUST.

I LIKE THE WAY YOU ARE THINKING!



Randy Hughes

REPLY

 

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