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Updated 7 months ago,
Investment property set up
I have few properties in CA and I would like to set up a structure which provides me anonymity and reduced liability.
I have set up a WY LLC and various real estate land trust where each trust will hold title to the individual real esate and the LLC will be beneficiary for all these trusts. Since the properties are based in CA I will have to register the WY LLC in CA which will expose my ownership and thus I will have a member manager trust that will be the owner of the LLC.
My question is who should I make the trustee of the land trusts? If I make myself the trustee than I am losing the benefit of anonymity or am i? Or should I make my attorney the trustee and then have a resignation deed making me the successor?
Looking for suggestions from people who have done this kind of stuff before