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Updated almost 3 years ago on . Most recent reply

Land Trust Question
Is it Smart to use a land trust, for each individual property. and then have the LLC as the trustee/personal representative of all the trusts. then put myself as the beneficiary of the trust
Most Popular Reply

Edgar,
If you do set up the ownership as you mentioned make sure that all parties that could be sued are properly insured. Have a conversation with your Attorney and Insurance agent and determine who should be listed on the policy to enable defense costs to be covered in a lawsuit.