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Updated about 10 years ago on . Most recent reply

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4
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1
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Lena Sieu
  • Cary, NC
1
Votes |
4
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Land Trusts

Lena Sieu
  • Cary, NC
Posted

How do I create a Land Trust in the state of California. I believe there is no registration for it and I will need to assign a Trustee and place my SCorp as the beneficiary? Is there a standard document for this? Or can you just write it up yourself? Does it need to be notarized? Thanks for the help! 

Most Popular Reply

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28
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6
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Mike G.
  • Rental Property Investor
  • Clearwater/Dunedin, FL
6
Votes |
28
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Mike G.
  • Rental Property Investor
  • Clearwater/Dunedin, FL
Replied

From what I've seen most people assume Land Trusts, in themselves, will provide them asset protection but, from my understanding, they really just provide an added layer of anonymity. Mainly so someone doing public records searchs will not see your name associated with your properties and make you a target for frivolous lawsuits, and such.

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