Overview
A land trust holds title to real estate, providing privacy and liability protection. The trustee holds legal title while you maintain full beneficial interest and control. Your name doesn't appear in public records, only the trust name.
Best For
- Real estate investors
- Those wanting privacy in property ownership
- Owners of rental properties
- People concerned about liability
Key Features
- ✓ Privacy - ownership not public
- ✓ Liability protection
- ✓ Easier property transfers
- ✓ Avoid due-on-sale clause triggers
- ✓ Can hold multiple properties
- ✓ Separate trusts per property option
Considerations
- Does not provide complete asset protection
- Mortgage lenders may still require disclosure
- State laws vary on recognition
- Not a substitute for proper insurance