If your land trust was the Irrevocable type, you would be required to be much more strict as you will now have to be VERY specific as to the cashflow.

I understand the use of a "fictious name trust" it makes sense... but the "John Smith Land Trust December 25, 2007" where the land is deeded to an irrevocable trust fbo John Smith, and the trustee is some third party.As an attorney, I cannot not seem to get a level of comfort.The way I see them isJohn Smith conveys to Jon Doe as trustee of the John Smith Land TrustJohn Smith is the beneficiary, but has no power to remove the trustee or convey the property... so if Jon Doe wants to he can convey the property away, or encumber it.... further.. when the land is put into the trust I am of the opinion it triggers the due on sale clause.... if it is Foreclosed on, then the bank in not secured, and the owners are gonna get nailed for loan fraud....

Funding to family trusts (Irrevocable Trusts) is doable, but complicates matters.

I've created an irrevocable trust to house my assets naming my son as beneficiary.

The other heirs (brother's children) can affirmatively provide you an irrevocable assignment of their interest(s) or decline to accept.

They say that this investment is guaranteed by the world center bank through an irrevocable pay order issued by the bank as well as the trust acct.

I own a lot of homes on owner financing which gives me adaquate depreciation(ownership is LLC funneling to an Irrevocable trust) to offset the cash flow from F&c homes.

If it's a irrevocable living trust you shouldn't have any problem.

This is NOT an irrevocable trust.  

We are all close and want to do what's in everyone's best interest.The house is currently worth 400k and was previously owned outright in an irrevocable trust for about 15 years.