Hi Guys,
Can a property be held in FL land trust holding multiple beneficiaries?
as in, 1 LLC & An individual private investor are listed as the beneficiaries, and the llc also being trustee for the trust.
h...
I have been researching revocable trusts and came upon this interesting presentation that advocates use of a living trust in conjunction with an llc as the beneficiary:http://andersonadvisors.com/wp-content/uploads/20...
A deceased parent owned rental properties. From the time of the decedent's death through tax year 2019, the estate has been filing fiduciary returns, passing the income and the tax liability through to the beneficiari...
so I went to the court house to check out the probate files for the first time. I was disappointed to find out that the files I looked at did not have contact info for the beneficiary. It just had the name.
Can anyon...
First time investor here, and would like to know if anyone has done this in practice. I have read a lot about the importance of asset protection, specifically with rental properties, and note that most investors advis...
I drive neighborhoods and mail to owners of vacant, ugly houses. I run into trusts alot and many times the owner of record is the attorney who set up the trust for the beneficiary. How can I find out definitively who ...
My mother and I sold a property we jointly own, and took back a loan in the form of a Promissory Note and Deed of Trust. The borrower is paying the note on time every month. Now my mother wants to move the note and De...
In a typical land trust, a grantor transfer title of a property to a trustee, with the beneficiary having power of direction.In a typical revocable grantor trust, the grantor can revoke the trust at anytime and transf...
Hey BP Family,I am hoping that someone can help me answer this question. Is it possible to buy a property from a Irrevocable/revocable trust? I see properties all the time that are held in these trusts, and I pass t...
This may not exactly be a post investors expect to find on this forum but I figured is something to consider when purchasing properties, whether it's your own home or issues that may arise when purchasing residential ...