taking title in wyoming: Taking Title as A Trust - 10/22/17 07:24 PM
In Wyoming, you have the choice of taking title of real property as a Trust.
The legal and tax implications of setting up a trust are complex and vary widely from state to state.  Attorneys and tax experts should always be consulted on the subject of trust.*
That being said, the basic premise of a trust is the transfer of ownership to a third party to hold or manage for a beneficiary.
                                                                  
There are three main participants in a trust: 
The Trustor - the creator of the trust The Trustee - The party who holds legal title and is "entrusted" to carry out the purpose of the trust as defined by the Trustor The Beneficiary … (0 comments)