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 Chicago Title Land Trust Company Forms 2016

Direction Convey 2016-2025 Form

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land trusts are heavily promoted but there are a ton of reasons why you should never set one up in the first place what is a land trust in the first place well at its basic level it's a trust that holds title to land and a trust at its very basic level is a three-party relationship where you have the grantor the trustee and the beneficiary the grantor is the person who sets up the land trust the trustee is the person who holds Le leg Al title to the land trust and the trustees name is the one that appears on all the public records and the beneficiary is the one who holds the property interest in the land trust as well as the beneficial interest and the difference between the trustee and the beneficiary is that the trustee's name is on title to the property whereas the beneficiary is the one who gets to use the property there certainly are some perceived benefits with using a land trust the first is that you get your name off the property because you're not the t

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