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Updated over 2 years ago on . Most recent reply
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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
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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.