Why You Should Use a Land Trust for Real Estate

Clint Coons Esq. | Real Estate Asset Protection

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ABOUT CLINT COONS
Clint Coons, Esq. is one of the founding partners of Anderson Law Group, 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.

Опубликовано:

14 сен 2012

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Комментарии : 48

@ClintCoons 2 года назад

If you want to dive deeper into this topic, schedule a free consultation with my team today. Visit: aba.link/nyu

@MrShaunG 4 года назад

This should be required learning in every college day 1 lol... great content.

@zackbenner9299 5 лет назад

One of THE best videos of explaining land trust I've ever seen. Loved how you gave a history lesson because now I'll always remember it because King Henry and Walt Disney. Thanks Clint. Appreciate your teaching.

@stephaniesantana26 4 года назад

Thank you so much Ive subscribed to your channel long ago. The best lesson ever and you explain everything so thorough!

@LoveConquersAll888 6 лет назад

Thanks for the video. Very informative

@hithere3609 3 года назад

GREAT EXPLAINATION! Thank you for sharing. Very thoughtful and detailed.

@404TRUCKERTV 4 года назад

Yes, No bs information. Thank you sir.

@LadyLauraK 3 года назад

I am just starting to study land investment. Thank you! Thank you! Thank you! This information is priceless. I so appreciate the history lesson as well. ✅

@ClintCoons 3 года назад

You are so welcome!

@andrewreyer8905 6 лет назад

Clint- Outstanding info- I have 2 rentals that are in titled in my name and my wife's name. So the process would be to first convert them to a land trust, then create and assign to a LLC? One is located in Ca and the other is in SC. is that correct? Do you practice in CA? Thank You

@wallstreetfox3 7 лет назад

Clint looks like Brett Farvre. I looked up the sale of actress Demi Moore's place in Manhattan. The MT2 trust bought it for 47 million. This was recently. I'm new to trusts so I'm trying to learn as much as I can.

@elewis145 4 года назад

This has been the best educational training.

@ClintCoons 4 года назад

Thanks Ed

@vl5562 7 лет назад

In regard to Wyoming LLC Privacy Nominee, what happen if that Privacy Nominee do not reign or step down from the Entity that I own ? What action need to be taken ? On another note , since Wyoming LLC protecting Assest /property's own why do we need to have Nominee Privacy anyway ?

@williamwoodard8607 3 года назад

Interesting rendition of the Magna Carta at the beginning. A revocable grantors trust will not get you the highest claim to property. You need to have a trust declaration in which the corpus of the trust is held in fee simple absolute. This allows you to hold alodial Title to land, and hold title free and clear of encumbrances and encroachments. Your BAR cards showing!

@amp7816 5 лет назад

Clint: Could your strategy of using an Assignment for the beneficiary & Trustee work for an Owner Finance deal on a Trustee Sale?

@ClintCoons 5 лет назад

If the question is can you use a trustee other than the seller for purposes of recording a deed of trust the answer is yes.

@frenchyalicea649 Год назад

Clint, ever consider making a vid explaining the process of moving a property that was purchased in the persons name and once paid off its moved into a trust etc. What the pros and cons of the process are and or there are specific steps that should be taken etc?

@ClintCoons Год назад

I will add this to the list. Thanks for the idea.

@CreativeSoul333 3 года назад

Wow!!! This is great information and a great alternative to remain anonymous aside from the LLC. Thank you for this information.... and by the way, you are strikingly handsome! I appreciate your videos.

@ClintCoons 3 года назад

Glad it was helpful and thanks for the comment. Good thing you were watching one of my older videos when I was much younger. :)

@CreativeSoul333 3 года назад

@@ClintCoons You're welcome.

@amp7816 5 лет назад

Hey Clint: If one buys or sells a property under the name of the LT, it is highly likely that the closing agent will mail you an overpay refund made payable to the LT. At that point, how would one intend to deposit that check that is made out to the name of the LT? Do you open a bank account for the LT?

@ClintCoons 5 лет назад

Yes

@cherylm2C6671 3 года назад

Thank you for your video - I'll be busy!

@cherylm2C6671 3 года назад

Thank you for this video!

@ClintCoons 3 года назад

You are welcome. Thanks for stopping by my channel. Be sure to subscribe so you will get notifications every-time I post a new video.

@mamalovesgoldens5018 6 лет назад

I have a property in CA that I want to put into a Land Trust. I have a new LLC in WY that I want to put as the owner of the Land Trust. Can I do that? One state allows land trusts while the other, where the LLC is, doesn't allow for Land Trusts. I'm not sure which state would apply. I'm new to all of this & I'm still trying to find my way so any help is appreciated!

@illuminated2438 5 лет назад

Is there a reason to use a land trust rather than an LLC in that state, taxed as a disregarded entity, and member-managed by a Wyoming LLC (that is taxed as a partnership)?

@macman9689 5 лет назад

Privacy

@goosecouple 4 года назад

With LT you get to hide behind the deed. But anyone can still search the county website and find your name in the bank mortgage. Put 2 and 2 together.

@srserpicol 7 лет назад

I live in Ca, can I do a land trust just for protection against lawsuits?

@ToiYeuYAHWEH 6 лет назад

Land trusts mainly are for hiding of identity

@kevc21 5 лет назад

Yes! Privacy is among the chief reasons. There are many good reasons.

@alpinewhite 3 года назад

Once ownership has been transferred into a Land Trust, how do we inform the HOA and the County of the address where to send correspondence (e.g. bills)? And how do we communicate who the contact person is? Do we need to provide a mailing address (such as a POBox) for such correspondence or does the RA for the Trustee handle all this?

@ClintCoons 3 года назад

You must handle this activity.

@terrycrawford6740 3 года назад

@@ClintCoons Do we indicate only the name of the Land Trust and a new mailing address (a P.O.Box)? Do you have any verbiage we can use an example? Thanks.

@ClintCoons 3 года назад

@@terrycrawford6740 The change of address and the property owner is handled when the deed is recorded and a "change of ownership" record is filed with the county (every state is different so the "change of ownership" form will vary). Yes you would want a new mailing address to build the privacy screen around your ownership.

@elewis145 4 года назад

I AM STARTING A Real Estate Investing co.How can i continue to get your trainings. Oh !I am in Texas.Ed,

@ClintCoons 4 года назад

Check out our website - andersonadvisors.com

@RubenGonzalez-pn9ou 2 года назад

Just saw a vid on Tik Tok talking about South Dakota & Trust tax advantages. Any thoughts?

@ClintCoons 2 года назад

You must give up control and distributions are restricted. I prefer to use strategies where I have control over the investments. Keep in mind for some people SD makes sense.

@otimmo 7 лет назад

A buyer wants to buy a property held in trust in order to give the seller his price, but at the buyer's terms without causing a tax reassessment. How can a buyer of a property held in a land trust be sure that a duplicitous beneficial owner didn't already sell his interest in the trust before selling to said buyer?