The Land Trust Mistake You Should AVOID

In this video, I'll discuss the importance of using a nominee trustee and setting up a land trust to protect your identity.

If you're considering setting up a land trust or already have one, it's crucial to watch this video to avoid common pitfalls and ensure your privacy is maintained.

I'll address a viewer's question about transferring trusteeship and the potential issues with attorney trustees.

Whether you're new to land trusts or looking to optimize your current setup, this video provides invaluable insights to safeguard your identity and avoid legal complications.

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Show Notes:
0:00 Intro
0:18 Viewer’s Question
2:01 Proper Procedure for Land Trusts
4:10 Importance of Trustee Deed
6:45 Conclusion
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ABOUT CLINT COONS

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 #landtrustrealestate #clintcoons land trust vs llc

[ArtofLove]

Thanks. I actually had this happen to me. They used the scare tactics

[AnilAgrawal]

I keep getting confused because I see at a couple of places in the video, the land trust words are used for apparently when it should be stated as residence trust sigh 😔 lol

[christiandantas]

Clint, with a nominee trustee, this can keep anonymity when financing a property since the trustee will be the one signing the mortgage recorded in the public records? Then have them resign?

[valerieleuba]

Thank you so much. What if I put it in an Allodial trust. Would it be protected then?

[stampedelandandhome]

Client asked this question and I'm passing it on to you as I'm just an agent and not an attorney: can you set up the trust before you start purchasing the land, or wait until after? This is state of Alaska.

[melhoresprodutos]

Nice CLINT as Always, then the Land Trust is Exempt the Fill the BOI the FIN..CEN? or Not EXEMPT?

[nouche-]

Why not to create a WY LLC and name the manager as the Trustee of the Land Trust from the beginning and nobody needs to resign ⁉️🧐🤔