Land Trust and a Lease

[Kim Livingstone]

Just a basic question. If you have your property in a land trust, what name goes on the lease?

[Clayton Plank]

@Kim Livingstone, I use an attorney as my trustee. In Florida the trustee is recorded and I did not want my name showing. Everyone uses trusts for their own reasons. I do like the liability coverage, but my main goal was to remove my name from the deed and the county records that are public information. I then have one Managing LLC that manages all my rentals. I did this as I did not want people writing checks in my name. Also I did not want the people I rented to knowing I own the properties. I tell them I do not own them, just manage them for the owner.