Your WY LLC can be beneficiary of the trust, giving whatever liability protection that offers.

All deposits were made directly to the builder/seller's escrow account, with the seller as the beneficiary (please refer to your escrow letter).I am committed to helping resolve this issue between the seller and buyer.

I understand in most cases you do not want to be purchasing a second position DOT and I do thorough research.The primary DOT has not issued a notice of Trustee sale so the beneficiary has not attempted to foreclose.

Should I set up a land trust then put the beneficiary as an LLC?

And if you have a parent or an older sibling that can add you as a beneficiary to their cards, you can assume their credit (of course you only want to do this if they have good credit, lol). 

They have custodians that manage their money, and you are simply the beneficiary of that account.

If both ladies had wills naming them the executor or beneficiary, the last one dated, if valid, would prevail.

Sounds like you don't have a living trust yet, which likely would have you and your wife as trustees and beneficiaries as well. 

Control goes to the trustee and ultimate ownership to a beneficiary, neither of which can be the person who owned the assets.  

Alternatively, transferring the property to a revocable trust provides income for your parents, avoids probate, and keeps you as a beneficiary, but it doesn’t allow for a 1031 exchange and could trigger gift tax.Focus on aligning the structure with your goals, whether for immediate reinvestment or estate planning, and ensure compliance with Connecticut laws.This post does not create a CPA-Client relationship.