Jason Wilson
Seller Financed Property - What happens w/ loan when seller dies?
Hi,I have owned a 6 unit building in California for 5 years through an LLC. The property was purchased with seller financing only and a Deed of Trust was filed with the County Recorder's office. The promissory note wa...
Account Closed
How Does a Trust Move to another State?
A revocable estate planning trust is now irrevocable after grantor passes away. Trust holds several tax sheltered accounts (IRA, 401k). Successor trustee wants to minimize taxes upon distribution of these tax shelte...
Curt Smith
solo 401k estate planning/tax planning; upon death scenarios??
A scenario for some who have business succession planning, the business will live on past the death of one or both spouses (business joint ownership). The succession is to a manager named in a Living Trust that is a s...
Scott Parker
Life insurance requirements from lenders
Hello all, I have an investing question in regard to lenders requiring life insurance. I have apparently reached a threshold with my bank (a million dollars in loans) and they are requiring me to get a million in life...
Chris VanAckeren
Revocable Living Trust for personal residence?
Good morning! I have a rental property (townhouse), i plan on buying more, but i am currently in the process of closing on a house that will be my personal residence. Should i get a revocable living trust for my perso...
Dory Peters
1031 exchange on a down-leg, sold note
Before I get into the meat of my question, I just want to say that I saw a post elsewhere (http://activerain.com/blogsview/459350/Ive-Sold-and-Carried-Paper-Can-I-Still-Close-My-1031-Exchange) that shows the caliber o...
Mehran K.
Land Trust, LLC as Beneficiary, Ownership %'s and Operating Agreement?
Hi everyone, Hoping to get some insight/ideas on the 3 questions below, prior to confirming with legal counsel. I am new to this particular land trust setup. I can't be the first person that's done this for sure.I hav...
Arman Tannu
Can I structure a Seller financing Deal with the executor of a trust?
Hi, I am in Florida and got in contact with someone selling a property on FB marketplace. Her brother passed away and the property was ina trust. Can I still structure a seller financing/ sub to deal? She claims that...
Jack Ni
Please Help. How to structure a land trust with the owner.
Hi, please help me out. This is the first time I'm doing a land trust. So I have a lease option with the owner and i want to put the title in a land trust (The deed is still under owner name because of due on sale) H...
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Land Trusts with LLCs??????
Just got done reading Wealth Protection Secrets by William Bronchick. The book came highly recommended by REI. Anyway, in the book the author recommends using a Land Trust in conjunction with a LLC. In essence the ...