In this video Ron explains Land trusts and gives a step by step walk through of them. Watch Ron show you how to take title in the video below.
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How about if I register the property on my LLC and not on my name, what will happen if the scenario you explained happen?
What about us newbies that have no money for an LLC. Should I take title in a land trust, and wait till I have a check or two to form an LLC. The property will already be in a land trust, then do I just change the name of the trustee when the LLC is formed? Just saying most newbies don’t have attorneys fees, LLC costs plus the money to take title in Land Trust.
I can not wait to use this information.
I am studying all of your information all day every day.
You are the man Ron.
Another great video, Ron. I get so much from reading the comments from all of us, too…quite comical and entertaining at the responses from all the different personalities. We’re like one big happy family on a Reality TV Show.:)LOL
Brief and sweet, right to the point. Like Ron’s style of teaching
I am amazed at how few people in our REIA know about let alone understand Land Trusts.
The idea of a land trust is awesome!
Excellent video and great comment Brad Addis! Thank You
This is huge…especially with so many sue happy people out there…Thaaanks Ron.
Ditto on Brad Addis’ comments… 🙂
Great breakdown. Thank you
IS there an advantage of forming the LLC in one state verses another ?
Thanks, Karen
This method doesn’t seem to apply to real estate in Washington state.
It is a good way to shield the owner but a good attorney may find it and it and as it is a revocable trust, they can make you take out to include in lawsuit. Not an absolute protection, but worth doing anyway
Lee Phillips, estate attorney has much good info on this
Good video, I always appreciate that Ron goes into such practical & experienced detail
Question – Can a revocable living trust be the beneficiary of a land trust and an operating LLC be the trustee??? Thanks much
When do you use Land Trust? Is it on every property to buy?
Really useful information !
Great advise
extremely valuable information – tks Ron
Great information! Listen to more Ron 🙂
Wonderful! I am really now starting to understand Ron’s teaching methods of giving an overview at the QuickStart School and then allowing overwhelmed students like me to process the information and review it via Gold Club lessons and videos
Each read and watching of videos is helping me tremendously. Thanks Ron!
This is so much fun learning about asset protection with Land Trusts.
Great to know how to protect your assets…gives great peace of mind.
Thanks Ron, I understand the land trust much better now, filling out, in Witness whereof, and exhibit B is a little confusing to me.
Man, I need to follow up on this. As he says we have to CYA! I sure don’t want someone to take everything away. This seems like a great way to protect yourself from predatory lawsuits. Need more information on this!
This lesson is on point. Questions: can I take a seller’s home, place in a trust with my LLC as trustee but still hv the seller as beneficiary until the home is sold? Options from here would be: change the trustee to new owners & they choose their beneficiary(new trust) OR simply remove from trust since it is sold?
With my LLC as trustee, this still gives me rights to “sell”?
simple but powerful thanks for the great information Ron.
Very helpful lesson and great advice. It’s always good to not ‘own anything’. Hide those assets:)
Good start to stop taking title to properties in our own names…take in Land Trust instead.
Very smart to put each house in each individual land trust so a judgement against you won’t attach to all the houses.
I need to put my residence in a land trust
Great information and well laid out for the short amount of time.
Trust ‘to’ a Deed is the instrument that transfers the deed to your trust; Trust ‘of’ a Deed is a lien.
Great stuff: my LLC is the trustee.i an the beneficiary
Good Info..Thank you
What and Who is the TRUSTEE??
So “ India “me will be the Beneficiary of the trust but that part is kept private ?
Good morning! Your question has been answered in the following episode of ‘Ask Ron’.
https://www.ronsgoldclub.com/resources/askron-best-of/2021-10-15-ask-ron
Thanks Ron for the great explanation on Land Trusts!
It’s amazing how most people don’t know anything about land trusts. This is should be required information high school if for no other reason, for your personal residence. Thank you so much for sharing this!