Here is a post from GREG GARDNER who offers in-depth information and expertise in LAND TRUSTS. I have reblogged this post and another he recently gave us as I am sure our clients will be interested in what he has to say...
Via
Greg Gardner (WeBuyHouses.ME):
Trusts from start to finish
This post is the Intellectual Property of Asset Investment Trust or “AIT” (www.AssetInvestmentTrust.com) and We Buy Houses.ME Internet Trust (www.WeBuyHouses.ME). It’s intended to provide information regarding Land and Personal Property Trusts and there use for Estate Planning, Asset Protection and Privacy.
We hope our previous blogs have been informative. They have generated many questions and forced us to realize we need to start from the beginning and work forward through the creation and implementation of trusts; therefore, we’re going to provide step-by-step instructions. But, first we need to make sure everyone’s on the same page.
Our next few blogs will bring readers from Julius Caesar and the first trust to modern trusts and how to create them. We will try to follow the following outline.
- A History of Land Trusts
- Types of Trusts
- Advantages of Using Trusts
- Disadvantages of Using Trusts
- Trust’s Legal Nature & Your State Law
- The “Players”
a. Trustee
b. Director
c. Grantor
d. Beneficiary
- Estate Planning
- Tax Considerations
- Investors, Realtors and Land Trusts
We hope you’ll subscribe to this and learn all you can about these powerful tools which are at everyone’s disposal.
Yours truly,
Greg J. Gardner
Asset Investment Trust Director
www.AssetInvestmentTrust.com
112 S. Main St, Clover, SC
877-567-2513 (Ext 101)
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Thanks for this powerful tool! I am bookmarking. As a support industry this is something I should certainly know about and I appreciate Greg offering these "cliff notes" so freely! Thanks JaneAnne and Greg!