Land Trust Any reason to use?

[Jason NA]

Its seems to me that the main benifit of using a simple land trust to hold title to your properties is that it will hide the owners anme form public record. This is nice, but it seems pointless for mortgaged properties, as the mortgage note is recorded in the true owners/borrower's name.

Aside from situations where property is owned without mortgage, can anyone tell me what benifit would be gained by using trust to hold title?