Trust invests the cash to make the payments on the installment sale to the seller.

And then monthly by check or if you don’t trust them certified funds or EFT. 

I was a relatively happy Quest Trust Company Gold Family client for over 10 years.  

If you are only looking to create a trust to avoid probate, you could probably hire an attorney to make a revocable trust.

Is buying a rental into a living trust a good idea?

I believe interest is tax-deductible if used for property improvements or purchases, and it gives you quick access to funds while keeping your stock portfolio intact.Private Money Loan: If you have a trusted partner and terms that work well for both parties, this could be an efficient solution without tapping into your other assets.

Currently, he rents and needs a down payment to purchase a primary residence.

Get a copy.2) Bring your trust documents to any bank and open a trust account in the name of the plan with you and your spouse as the trustees.3) Transfer your existing 401(k) funds into the checking account associated with your 401(k) trust.

We currently accept rent from tenants using a variety of 3rd party apps-Cashapp, Venmo, Zelle but are moving away from accepting payments in our individual names and want to start accepting payments directly to the LLC/business accounts, but LLC accounts do not accept Zelle and there is a fee for using business accounts on Venmo.

Hi Kelly,I am currently with Equity Trust not by choice since they bought out Midland Trust last year (2023).