Are Land Trust Usefull

[Rick Ortiz]

I came across article about "Land Trust", maybe tbey go by different names in different states. But the interesting partto mg understanding is someone can transfer their property to the trust. The same person (me) can be the Trustee and Beneficiary and this will NOT trigger the "Due on Sale" clause in the mortgage agreement.

First off is this accurate? Second and VERY IMPORTANT question is whether this transaction triggers state tranfer tax. Im sure its state is different buf any info would be helpful.

Lastly from research it seems that after the deed is recorded , i can privately name an LLC as a beneficiary which then provides liability protection.

Allot of stuff here so any insight or experience is helpful.