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Here are the five major reasons why ever real estate investor and landlord needs a real estate privacy trust
Privacy: Properties throughout the United States of America are held in an REPT to protect privacy and to shield the identity of the true owner. The Trust is private and is not open to inspection from outside parties and is not recorded or disclosed. This level of privacy offers numerous advantages including the ability to conduct business privately. Ease of Transferability - The beneficiary (or “owner”) of a land trust may be changed without recording a change in the public records. Avoids Probate - Probate is usually necessary regardless of whether or not one has a will. A Land Trust arrangement, however, allows you to designate succession of ownership exactly as you wish, thereby avoiding probate and costly, time-consuming proceedings relating to the property. Facilitates Multiple Ownership - Where there are multiple owners of a parcel of real estate, a Land Trust can be structured to provide for clear and easy legal direction. Retain Tax Advantage - You are still eligible for the homeowner's and senior citizen's real estate tax exemptions.Start your Nevada LLC in
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You don't need to live in Nevada to enjoy the best asset protection and audit defense a Nevada LLC can provide.
