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Updated about 8 years ago,

User Stats

292
Posts
373
Votes
P.J. Bremner
  • Rental Property Investor
  • Claremont, CA
373
Votes |
292
Posts

Corporate Trustee in California - Anyone know a good one?

P.J. Bremner
  • Rental Property Investor
  • Claremont, CA
Posted

Hey BP,

I am helping my eCommerce business partner with a real estate transaction and have come across a small snag.  She used to do spec home building in Chicago back in the day and apparently there is a world of difference from there and California.  Here is what she needs:

  • A trust account set up to hold the vacant lot - she pays for legal fees to set up
  • Does not want her name to be searchable (hence the corporate trustee)
  • Wants to buy and develop a home in the middle of downtown LA using said trust account
  • All transactions will be paid for cash, so no financing needed

Thank you in advance for your help!  I'm hoping someone can offer a referral or be able to handle this on their own.