You might want to consider an irrevocable trust once your net worth goes over 3-4M.

(e) Unaccepted, recorded, irrevocable offers of dedication of the property to the public or a public entity for a public purpose, and recorded options of any taxing agency to purchase the property or any interest therein for a public purpose.

Hi J,It can change by whether you have a revocable or irrevocable trust. 

Irrevocably.

However, in all those early discussions they failed to mention the fact that the property being owned by an Irrevocable Trust would be a barrier to them lending to me, and I'd naively assumed that the Trust would be treated similarly to an LLC, etc.So here's the situation.

High-net-worth investors over 2-3M will probably opt for irrevocable trusts to get assets/liability out of their personal estate.

I am hoping to find a more simple / crude (maybe) way to engineer a deal that simply holds the final sale until after the owner's title converts to the irrevocable trust, but based on the terms agreed to today. 

If you miss the 60-day window, the funds are irrevocably treated as a distribution. 

There are irrevocable and revocable "living" trusts.

Why did you decide to go living revocable and not irrevocable or land trust?