Land Trusts

Land Trusts:

Prologue

Happy New Year to all of our readers.  To start the New Year, we'd like to introduce you to a guest blogger: Laurel Nevans.  She has been a Home Owner for decades, and now, she is considering becoming an investor.  However, she had never explored the idea of Land Trusts until recently. Laurel is interested in building a rental portfolio in Florida, an area particularly ripe for real estate investment.  When we asked her if she'd ever considered investigating a Land Trust, she confessed she knew nothing about them.

Laurel has generously agreed to work with us to inform our readers. As she learns all about the ins and outs of Real Estate Trusts, she'd like to invite our readers along on the journey.  As we open 2016, we'll all learn about  the ins and outs of Land Trusts.  We will start by reviewing exactly what is a land trust.  From there, we will learn about when it might be beneficial to set up a land trust, as well as when a land trust might not be the best choice.  We will review the pros and cons of land trusts, as well as a lawyer’s role in developing one.  We'll discuss some Frequently Asked Questions (FAQs) about Land Trusts, and we'll answer reader's questions.  We'll also discuss whether Land Trusts are good investment vehicles, and what are the limitations.  When we are finished, we will compile all of the information into an easy to reference ebook, including document samples.

Of course, none of this should  be construed as legal advice.    You should always consult with an attorney in your jurisdiction before taking action as a result of the information given to you here.  The information that will be given to you here will help prepare you to meet with an attorney and make informed questions as well as give you a better idea of what an attorney can and cannot do for you.

We invite all of our readers to take this journey along with us.  To be notified when new articles are posted, please follow us.  You may subscribe to the blog using the subscription form in the right sidebar, or you may follow us on Facebook, G+ or Twitter to be notified when new chapters are posted.

We also invite all of our readers to submit questions to be answered in future posts. Please submit questions using the comment section of this article.  You may also tweet us your questions or comment on the associated Facebook post.

Here at the Law Offices of Heath D Harte, we get a lot of inquiries about Land Trusts.  Although a lot of people are knowledgeable about real estate in general, we find few are aware of the benefits of Land Trusts or the intricacies involved with setting up trusts.  Hence, we hope you will take this journey with us to fill the gaps in your knowledge.  Please invite your friends and colleagues to join us.