Quote from @Tiffany Maloch: @john Clark You are correct you cannot be the grantor and the trustee and the beneficiary .

He is willing to sell at a discount (with or without a seller note) or to put them into a trust with me as beneficiary as long as I agree to take over all management responsibilities (directly or indirectly).

Dear Beneficiary,I wish to inform you that your compensation and settlement funds/payment total sum of $8.5 million dollars has been deposited in this bank by the United Nations and the Africa's Fund settlement Committee (AFSC), we have been instructed to release this funds to you as soon as possible and after our meeting today we have agreed to pay you via online bank transfer by opening an offshore account in your name in this bank, after that we will credit your total funds into your offshore account and send the login details to you.Get back to us as soon as possible for the offshore account opening form.Kind RegardsMr.

There are no beneficiaries to the trust so I'm wondering about the best way to approach presenting a subject to deal.

One group of beneficiaries will be the ones who already own the RE IMO - as they will benefit from equity growth and refi opportunities to further increase cash flow. 

The beneficiary/ies could then assign a new trustee of your choice, and the beneficiary would then assign their interest to the 'buyer'.  

., replace the WY LLC with a domestic Ohio LLC that holds the property).Trust structures — possibilities include:Trust directly owns the property, and the ohio llc is the trustee.Wyoming LLC is the beneficiary for the trusts.How should i move forward? 

Hey Donald,You’re asking a really good question — and honestly, it’s a bit of a tricky one because how your sisters’ basis is treated depends on exactly how ownership was structured on the deed before your parents passed.Here’s the key thing: if your sisters were joint owners with your parents before their passing (meaning they were listed on the deed as co-owners, not just beneficiaries), then their tax basis in their portion of the property likely dates back to when the home was first purchased — not the stepped-up value at death.

The later, I assume means I am added to the title and the sellers name then moves to 1st lien position on the note, off the title.But from personal experience, I'd might do a land contract in which the seller becomes the bank for a time, until you satisfy the contract, and the deed is held in escrow by a title company.Another scenario is to have the seller form an intervivos revocable trust, put the property into the trust, and assign certain beneficiary rights to you, along with a resignation of trustee (assuming the seller becomes his own trustee) and a quit-claim of any beneficiary interest to you, all of which is held in escrow by your title company.This is why I love biggerpockets.

With a revocable trust, your mom still owns the property for tax purposes, so there’s no immediate gift or capital gains tax, and you could take over later as a beneficiary.