When I purchase homes (in California) is use a land trust for privacy reasons and the beneficiary is my LLC for liability reasons.Get the right info for your situation.

The fact is I found out (details at this link) that many more SDIRA beneficiaries are buying property with SDIRA funds rather than lending, according to public records.

Larger amounts you would be the sole lender and the sole bene so your secured and your HML is taking the points for their fees.In CA you can do fractionalized loans were the Bene's are actually co beneficiaries with secured interest on the loan..

Did the trustee break any laws helping the realator and hurting the beneficiary?

I've been told the answer is to set up a revocable land trust with the LLC as the beneficiary of the trust and an appropriate trustee structure.

It’s a fairly sophisticated operation, with an unusually long time lag between first identifying the unclaimed funds, tracking the beneficiaries, obtaining a contract from said beneficiaries, gathering all the documents needed for “proof”, dealing with numerous government agencies, and finally hopefully having your client receive the funds and you getting paid.

The owners of TICs receive deeds, though, and I'm wondering whether those can be "lady bird" deeds with a beneficiary, which would also eliminate probate.

The letter states the following:FULL RECONVEYANCEWHEREAS, John Smith, is the Trustor, Bank of America, N.A, is the current Beneficiary and ReconTrust Company is the current Trustee under that certain Deed of Trust dated XX/XX/20XX, and recorded on XX/XX/20XX as Instrument or Document No.

I'm looking for some methods that they may use to make contact, so that I may use them.You make a good point about the step up in basis, which would probably reduce any incentive for a sale directly from the owner at this point.Is there a way to look up a beneficiary/trustee when the time comes that he passes?

It's wasteful and at this point I think the only real beneficiaries are the dinosaur print publications.I already operate 3 LLCs for various partnerships based in other states.