Trust vs. Land Trust - Posted by HD

Posted by Bill H on May 21, 2003 at 19:53:45:

John posted the other day that he would be out of the office until Thursday. In the interim I suggest you do a search on “Title Holding Trusts” you will be amazed at the info you get back… Probably answer your question there.

Good Luck

Bill H

Trust vs. Land Trust - Posted by HD

Posted by HD on May 21, 2003 at 16:28:48:

John,
Could you please let me know the difference between using a Land Trust vs. a simple estate planning inter vivos trust?
What is so special about land trusts ? My attorney insists on using regular revocable trust and not a land trust.
Your prompt response will be greatly appreciated.

thanks in advance

Re: Trust vs. Land Trust - Posted by JHyre in Ohio

Posted by JHyre in Ohio on May 22, 2003 at 17:46:58:

A land trust is merely a variant of a living trust. What would the living trust proposed by your attorney add in addition to a simple land trust? What would he charge to set it up? Why does he object to the land trust?

John Hyre