As an example, if a tenant has narrowed their choices down between 2 rentals that are identical (price, features, commute time, etc.), but one is within city limits (3% wage tax) and the other is outside city limits (1% wage tax) - more times than not they would select the property in the location that had the lower wage tax. 

The lady who got sued said she believes a co-worker stole her identity and rented the place. 

@David Moore and the reason those thieving property managers exist is...because Landlords hire them.If Landlords did their due diligence and screened their property manager, there wouldn't be so many problems.

Recently I was shopping for insurance for two identical properties in the same quality neighborhoods in MO and KS.

https://www.biggerpockets.com/forums/49/topics/329...That's just one of many threads that have almost identical wording in the title. 

@J Scott I am in an almost identical situation to you.

It provides some privacy as beneficiaries are not listed on any public record- the trustee would need to be subpoenaed to reveal the identity of the beneficiaries.  

Here's the text:If the records of a series are maintained in a manner so that the assets of the series can be reasonably identified by specific listing, category, type, quantity, or computational or allocational formula or procedure, including a percentage or share of any assets, or by any other method in which the identity of the assets can be objectively determined, the records are considered to satisfy the requirements...

(Hard to believe thieves would be this stupid, but the police say they catch people this way on a regular basis.)

They felt that by our "verifying" their identity, it would give them more legitimacy and would help them stand out amongst those people here (and elsewhere online) who use fake names/identities.