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Land Trust
A land trust is established by recording a deed that transfers an interest in real estate to a designated trustee. The trustee holds the title to the property on behalf of one or more beneficiaries, whose names do not appear on the recorded instrument. Instead, a separate land trust agreement is signed to outline the trustee's role and duties, which are typically limited to holding the title and making no decisions affecting the property unless directed by the beneficiaries.
Using a land trust for your real property can ensure that ownership remains a private matter. The county public records will only show the trustee's name, keeping the beneficiary's identity confidential.
Benefits of a Land Trust
• Ease of Transfer: If you want to transfer your property rights to another person, you can simply assign them as the beneficiary of the trust.
• Avoid Probate: Instead of creating a will, you can name a new beneficiary to the trust, allowing you to bypass the probate process entirely.
• Tax Deductions: As a beneficiary, you may receive a prorated portion of any allowed depreciation, enabling you to take tax deductions.
Using a corporate trustee instead of a family member or friend provides an additional layer of protection, privacy, and confidentiality. The trust documents ensure that you remain in complete control as the beneficial owner, and you or your agent manage the property.
By setting up a land trust, you can protect your assets, maintain privacy, and streamline the management and transfer of your property.
Get Started Today!
Begin the process below or contact us now at 210-202-4015 to receive a free, no-obligation offer.
A land trust is established by recording a deed that transfers an interest in real estate to a designated trustee. The trustee holds the title to the property on behalf of one or more beneficiaries, whose names do not appear on the recorded instrument. Instead, a separate land trust agreement is signed to outline the trustee's role and duties, which are typically limited to holding the title and making no decisions affecting the property unless directed by the beneficiaries.
Using a land trust for your real property can ensure that ownership remains a private matter. The county public records will only show the trustee's name, keeping the beneficiary's identity confidential.
Benefits of a Land Trust
• Ease of Transfer: If you want to transfer your property rights to another person, you can simply assign them as the beneficiary of the trust.
• Avoid Probate: Instead of creating a will, you can name a new beneficiary to the trust, allowing you to bypass the probate process entirely.
• Tax Deductions: As a beneficiary, you may receive a prorated portion of any allowed depreciation, enabling you to take tax deductions.
Using a corporate trustee instead of a family member or friend provides an additional layer of protection, privacy, and confidentiality. The trust documents ensure that you remain in complete control as the beneficial owner, and you or your agent manage the property.
By setting up a land trust, you can protect your assets, maintain privacy, and streamline the management and transfer of your property.
Get Started Today!
Begin the process below or contact us now at 210-202-4015 to receive a free, no-obligation offer.
Contact Us
Let's Talk
We're excited to address any inquiries you have and explore opportunities to expand your business with EquityShield Group!
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Contact Us
Let's Talk
We're excited to address any inquiries you have and explore opportunities to expand your business with EquityShield Group!
210-202-4015
18911 Hardy Oak Blvd. Ste 145 San Antonio, Texas 78258
© 2024 - EquityShield Group
210-202-4015
18911 Hardy Oak Blvd. Ste 145 San Antonio, Texas 78258
© 2024 - EquityShield Group