Borrowing Through a Land Trust

[David Weintraub]

I have a borrower who asked me if he could "borrow in the name of a 'land trust'..." 

He briefly explained some of the nuances, and when I asked him why he did this he said, "It protects us a little better than a LLC..."

Does anyone have any experience with this?

The borrower tells me his LLC, and his brother's, fall under the land trust. But as a lender, we need SOMEONE we are lending to.

Advice appreciated.  I won't hold you to any incorrect legal advice :-)