What Is A Land Trust & How Can It Help Me?

What is a land trust and how can it help you? In this video, I will provide a full explanation of what a land trust is and how to hide property transfers with this land trust strategy.

“So a land rust is basically a revocable trust agreement like a living trust.” 0:26

Land trusts are made up of three parties, the trustee, beneficiary, and grantor. Together, they ensure that land trusts are legally enforceable and that the terms of the trust are fulfilled.

A trustee is a person or organization who holds legal title to the property, but not physical possession. The beneficiary is the party who will ultimately benefit from the use of the land; they might be an individual, corporation, or government agency. Lastly, the grantor creates the trust and then transfers the involved property.

In this installment of the channel, we want to go over the benefits of land trusts and their use in the real estate industry. Land trusts are an important tool for both consumers and industry professionals to use in their day-to-day lives, as they can help mitigate risk, increase transparency, and provide a better overall experience with land ownership.

Learn how land trusts can influence your life and how you can use them to increase your overall financial stability.

Subscribe to the channel for more quality content like this and be sure to check out our website for more information on land trusts and other real estate topics.

Show Notes:
0:00 Intro
0:12 What is a Land Trust?
5:46 OwnershipTransfer
8:07 Flipping Property
11:21 Outro
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ABOUT CLINT COONS

Clint Coons, Esq. is one of the founding partners of Anderson Law Group, Clint has grown his legal and tax firm to over 400 employees by assisting real estate investors with creating and implementing solid entity structuring plans. His success in these regards is in large part due to his personal investing experience. A successful attorney, real estate investor, and speaker, Clint has used his innovative and dynamic strategies coupled with knowledge borne from experience to help thousands of people save millions of dollars and build real wealth.

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The information provided in this video should not be construed or relied on as legal advice for any specific fact or circumstance. Its content was prepared by Anderson Business Advisors with its main office at 3225 McLeod Drive Suite 100 Las Vegas, Nevada 89121. This video is designed for entertainment and information purposes only. Viewing this video does not create an attorney-client relationship with Anderson Business Advisors or any of its lawyers. You should not act or rely on any of the information contained herein without seeking professional legal advice.

#landtrust #clintcoons

[KingShaka_daGreat]

I noticed that you do actual respond to a lot of the comment. Much respect 💯

[Bbyddyfndorg]

I'm ready today I have so much to look forward to

[danbutler]

Excellent video great explanation great job I've used them for years and the only thing I couldn't avoid was the DEQ

[krichards]

🧠💥
Thank you for another gem! You are appreciated, Clint.

[cesterly]

Clint you always serve the investors...what about us homeowners...we can use these same entities did you know even if your loan not paid in full.

[LeeG]

Great information as usual. Thanks Clint. I've signed up for a future workshop but until then I have one question. How do California (LA County) property tax assessments affected by assignments of the land trust agreements? Would it simply require voluntary notification of the "transfer" of the underlying real estate (or the agreement) since it is a private/unrecorded transfer? Or are the assignments not subject to possible reassessments of the underlying land? Thanks.

[khannavikas]

Great video. Apologies if this was asked before but my home is already in my trust. Unsure how a "land trust" is different?

[pammettee]

If my property (2) is in my Revocable Trust—can/should I use a Land Trust- how do I move it to the LT if I should & can ? I’m old !

[HollywoodFun]

I bought a small house 30 years go. Then I bought a peice of land adjacent to it and added the two together. Then I built another house on the added land and used the first house as a rental for about 25 years until the township made me divide the two parcels to satisfy the ordinance requirement of only one residence per lot. My current mortgage describes both lots and both homes as the collateral. My deed is a registered ladybird deed. Should I put the properties into a land trust instead?

[seanmclaughlin]

Clint, what about using C-Corp as a management entity? Running your LLC’s through it for the tax benefits?

[tombyorn]

How did Mark Price learn all of this while playing basketball all those years :) Great video seriously.

[AberrantArt]

Hey Clint, another great video! Helpful breakdown as always 👍
I've got 2 questions: 1) When buying Subject To the existing mortgage, would you suggest making the Seller the Beneficiary, then have them assign their interest to your (the buyer) LLC?
2) Should the Grantor be an LLC as well?

[TripleTTony]

Would you recommend a land trust for my own personal residence or are set up more towards Investment/Renal Properties.

[yyss]

thanks for sharing, if i have a rental property under my personal name, now i want to transfer it to a land trust with my llc as benificary, how to keep my title insurance valid?

[JMoney]

I have an LLC and I’m thinking about doing a Land Trust. How would this work if I want to refinance? What would you recommend?

[robber.baron]

Isn't a Land Trust (Grantor Trust) subject to the grantor’s creditor claims, therefore defeating the "LLC as Beneficiary" structure?

[thestampqueen]

If title is already in your name and you transfer to a land trust, do you still have asset protection/liability protection?

[roadtrekralph]

You mention the end buyers, the couple who is going to buy to raise a family; should they have the property in a land trust?

[shadowmancer]

Are there hurdles for insurance if you've transferred the property (deed?) to a trust?

[krisbryant]

Question: I own my land and my mortgage is paid off. Is there a way to transfer my land into a trust without having to pay off existing leins that have been put against the land? (my ex had some debts over 30 years ago that are still on the deed, even though he is long gone). Thanks