#214 | How to Create Anonymity with a Trust.

How to Create Anonymity with a Trust.
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[wendyphillips]

Sorry, for such questions.
But, I / we are fairly new to the world of holding our assets in a trust(s).
It is much better to know more than less about trusts.

[victoryisa]

How do I create a trust for a lottery win?

[akbermakhani]

Hi! Just came across your video and had a question. Reaching out from FL. Would naming the law firm as the initial trustee cause me to loose homestead exemption and trigger the due on sale clause since the owner's name (the law firm) doesn't match the original owner's name (my name) on the deed? Thank you!

[liamgilhooly]

Does that leave legal title in the hands of the firm to be transferred to the client?

[hptrans]

Hi, I am new to real estate investment . I have a Virginis LLC for 10 years, i am going to close on a short term rental in Delaware and Delware LLC will own this property .

Do you think i should create a wyoming LLC to hold (own ) other real estate LLC for asset protection and anomenty.

Then I can create a trust in my state to own the holding wyoming LLc?

Will you be able to do the trust in my state (east coast) ?

[wendyphillips]

I / we have owned the properties for over 30 years. How can we create anonymity in our trust?

Do you practice in California? We live in Ventura county of California.

[th]

How about a double trust like a trust thats the trustee of a trust is that more secure say for lottery winners in the state of Pennsylvania

[Greatcreationsfauxcupcakes]

Are you limited to your own state when setting up trust, s ?

[johnkuhlmann]

I want to know more. Live in oregon. still the same as washington. I think were you do business? Thank you

[TheTouringTony]

Hi. sorry I know this is an old video but I have a question ... please! If one follows your advice, say in Oklahoma where its required to add Trustee name, and file memo of trust with county clerk.. SO 123 any street, OK transferred from Grantor to " fantasy Trust, ABC Law firm as trustee. and ABC resigns immediately ... would they need to then give permission to sell, transfer or transact with property since their name is listed at county clerk? OR would successor trustee just show notarized resignation when trying to transact with property? I know resignation language is state law and trust dependent, but is the property help by trust or by trust AND ABC law firm? ALSO, would one need to UPDATE county clerk records to show new trustee when ABC resigns? THANKS SO MUCH!!!!

[bethkol]

Or make another Trust as the Trustee or an DBA not your name will do also. thanks

[ocasio]

Can’t you use the bank you’re buying the home from to be the trustee to hide your name completely?