Chris Seveney
A Self Directed IRA is considered an Irrevocable Trust
I learn something new every day. I was completing some paperwork on a syndication and the options available were LLC, Individual, Corporation, Irrevocable trust and revocable trust.I asked the custodian what is the IR...
Jack B.
Anybody ever done an irrevocable trust?
So I'm considering retaining an attorney to create a Wyoming Irrevocable Trust to protect some of my assets.
My rental properties are mortgaged so I can't put them in there, but I want to put money in an account in t...
George Post
Mother Inlaw Inherited 50% of a property, what do we do now?!?!
So, my mother in law and aunt inlaw inherited their mother's house. It was in an irrevocable trust (thank god... as she needed to go to a nursing home later in life). Now the property is is just in the MIL and AIL's n...
Leon G.
Considering Irrevocable trust or LLC
Hello All,Background: Two rentals; a duplex and a sfh. No mortgage in neither, personal home also no mortgage. Own also investment accounts, zero debt. All my assets are in my name and have about $2,000,000 in insuran...
DeAnna McKillop-Lopez
LLc’s and irrevocable trusts
I have been hearing a lot of people speaking about putting your holding LLC into an irrevocable trust. I am having a hard time finding information about this topic and wondering if it’s worth the deep search. Thoughts?
Jeff Klein
Can I change the title of ownership in a 1031 exchange?
I have a TIC share. I would like to exchange into a property, also TIC. My current TIC is in my personal name. In the exchange I would like the new property to be one half in a revocable trust in my name and one half ...
Aria Drexler
Irrevocable trust and asset control?
I will try to keep this concise - I own a duplex in North Carolina outright that is currently in an LLC and got married about a year ago. My husband has been having legal issues due to a vindictive ex, and may need to...
Jacob Graul
Question about trusts
Can you sell property that you have in an irrevocable trust? When I first started I was advised to put my properties into an irrevocable trust rather than create an LLC. Not knowing any better that is what I done. Now...
Adam Odom
Lending to an irrevocable trust
I'm actually a banker and had a trust attorney stump me yesterday. He asked why banks do not lend anymore to irrevocable trusts and I knew the answer was "no" (at least at the ones I've worked for) but didn't really k...
James Williams
Family Irrevocable Trust
Would putting my personal residence in a Family Irrevocable Trust cause the property taxes to decrease.Thanks for your answers