Land Trusts

[Russell Adams]

Could anyone tell me how to put a rental property into a land trust?

[Scott Smith]

I'm an attorney in New York and Texas, so I can't give you legal advice on this topic to your situation. But, state statutes likely govern the creation of a trust instrument. Having a properly structured trust document provides anonymity as well as asset protection. I recently wrote a blog post describing these issues in depth.

As an attorney that works in this field, I often will help out investors on the cheap with these kinds of issues because it helps me build a relationship and it takes very little time to change around my form as long as no custom language is needed.