Land Trust setup in Florida

[Pedro Guillen]

Hi BP community,

I’m setting up my first Land Trust and have a few questions. I plan to take title in the name of the trust, I made my offer on June 10th in the name of the trust and drafted trust on June 12th when offer was accepted, closing will take place July 10th. It is my understanding that form DR-228 needs to filed and tax payment made as part of Land Trust setup.

For anemety I’m trying to keep my name out so wondering if the trustee name and info goes on this form or benefiary?

On the instructions of this form it says it needs to be done in the same month before the 20th following the execution day, is the execution day the day I sigh and get land trust notarized or do they refer to closing day?

Any one with experience in Land Trust that can share any wisdom I’d greatly appreciate your experiences.

Thank you