My experience with Randy Hughes, Mr. Land Trust

[Liz C.]

I read regarding Randy Hughes, Mr. Land Trust a lot in here, altho I am not sure i anyone actually work with him.

anyway I decided today to go ahead and buy his course online. Thinking i will be able to watch some simple video and how to create the trust on my own.

but I got whole bunch of PDF file and a lot form, feeling like I spend $420 on a book where I don't know where to started.

so I called randy and he told me to read whole thing and after couple days if I still have question call him back.

Not what I expected. can someone recomend to me a good land trust attorney who can guide me through the whole thing and help me to create a trust? instead ask me to read a book. and I just Pay $420 for a book. But I don't think I have time to read entire book, to create a land trust.

is my expection too high or is something goes wrong here?

thanks

[Johnna Lodge]

 A land trust can be very helpful. When you learn this you won't need an attorney. You may need an attorney to look over your paperwork for your state to make sure it is compliant..but you can put a property in a trust without an attorney. There are many twists and turns in regards to understanding a trust and it's function.  It is important to get this aspect under your belt. It helps with anonymity of who owns the property, and asset protection.   I use trusts also for properties I take subject to. 
 

It is important to get detailed information and follow up with it. The first one is the scariest to do. One ( I have taken a few..it is that important and that detailed)  of the land trust classes I attended the pages were already filled out on the samples and then I had the document in word doc file which is what  I used to replicate each one. Get a good land trust class under your belt. It is too much information to do it on your own. You really need a class and then you need the documents that you fill out when you are ready to take over a property and put in a trust.

You don't get penalized by IRS on how you hold title..You get tax credits based on income in and out of a property. A savvy bookkeeper and CPA are worth their weight in gold.