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Updated over 11 years ago on . Most recent reply

Rafael Perez's profile image
Rafael Perez's profile image
Rafael Perez
  • New to Real Estate
  • from Long Beach, CA
  • Member since Oct 31, 2013
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Rafael Perez's profile image
Rafael Perez's profile image
Rafael Perez
  • New to Real Estate
  • from Long Beach, CA
  • Member since Oct 31, 2013
Connect
Rafael Perez
  • New to Real Estate
  • Long Beach, CA
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General Landlording & Rental Properties

Equity holding trust

Rafael Perez
  • New to Real Estate
  • Long Beach, CA
Posted

I've been talking to some local REI group members and I had a question that I have not been able to readily find the answer to by using the search button.

In an equity holding trust (land trust) can the beneficiaries sue each other? Would naming an LLC a beneficiary(instead of an individual) protect from this possible scenario? I know the trust protects the property from outside dangers (IRS etc) but does it protect from legal action from within?

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