At a minimum, the grantor should NOT retain any power to revoke, distinct or amend the trust; reserve any rights to take back property once transferred to the trust; have any authority on how trust property will be managed on invested; have any control over income distributions from the trust and serve as trustee.So if you are controlling it and are using the funds from it, then it will be brought back into your estate for tax purposes and will be accessible to a court and creditors.There are many types of trusts out there and each situation should utilize a different type of trust to achieve your goals.Joe

@Ryan McGlasson we are talking about 2 distinct roles that are both referred to as "sponsor" - a loan sponsor, and a syndication sponsor.

I have no time for that anyway lol).During a real estate transaction,a distinction must be made between a real property(consisting of the land,the appurtenant rights and the "fixtures" such as trees,site-built homes and the likes,etc...)and personal property(the seller's car,couch,chandeliers and the likes,etc...)

In no circumstance do I see myself giving them back the EMD.Anyway, the only distinction I was really looking to make was whether or not the first buyer would have a legitimate claim to the house if they didn't go the LP route.

There is a distinction that needs to be understood by new investors as to lenders and "programs".

This is an important distinction; however, it's also true that the American auto industry needs to revamp itself and there's no better time than the present to do it.

Thanks for pointing out the distinction on county vs city limit. 

There are clearly two distinct and rational viewpoints on this, and each one is valid.

The stuff has a distinct smell that is not going to be pleasant to the other tenants and neighbors and you will have pollution control or code enforcement knocking on the door.Coffee is actually a drug and in this case "just say no"

This is technically a distinct issue from repossessing the mobile home.