Question 1 - If you are signing under a WY LLC, instead of using a nominee trustee, how does it look when you are signing your land trust? If you sign as "David Smith, Manager, ABC LLC (WY)" doesn't that loop your name into the title work of the property instead of using a nominee trustee? Question 2 - Can you do a video on how to keep your name off the address when using a business address other than your primary residence address? It's my understanding you have to disclose your personal address when setting up a PMB.
Great video If I already have properties (5) in a NV LLC, which is owned by a WY LLC So I have asset protection and some anonymity. If I now want to also use a trust to get even more anonymity, but also to be able to change the beneficiary if needed at a later time. (No kids, no cats, no dogs, I have no one to leave anything to) How would I best do this? I have gotten several different suggestions, and am just getting more confused :) Who should be the grantor, trustee and beneficiary at the end?
It really depends on your specific needs and goals. I recommend you set up a free strategy session so we can discuss more about setting up land trusts. Visit: aba.link/tobyss
We recommend speaking with one of our advisors for any legal advice. Here is the link to schedule a free strategy session, aba.link/tobyss. Or you may call to speak with an advisor at our toll-free line, 800-706-4741.
Hi Toby! Great video!! Question... are you familiar with " Non-grantor Irrevocable complex discretionary spendthrift trust" ?? are they legit?? do they help reduce or eliminate Capital Gains? Thanks!!
In Toby’s example of a wrap property purchase with the seller’s loan staying in place, if I close in my own name, and then retroactively transfer into the trust as described, won’t the lender for this seller’s loan still be able to call the due on sale clause given there’s record of a transfer from seller to me when I originally closed in my name?? Thanks for the helpful content!
1) Land Trusts or Grantor Trusts only for Real Estate Property or can other assets also be added too? 2) Do Wyoming LLC's still have that anonymity after the passing of the new laws?
Great question, to assist you further, I highly recommend you request a free 45-minute consultation to discuss this with my team so we can provide you with an answer that is unique to your situation. Visit: aba.link/mzl
Great information on Land Trust. Thanks Toby. Amanda was awesome. I'd like to get ahold of her, thru Anderson, to do some Land Trust work for my estate. I didn't see her contact information in the show notes.
Glad you enjoyed the video. Amanda is great! You can schedule a free consultation with our team to learn more about setting up your land trust through Anderson. Visit aba.link/mzl
Thanks Toby and Amanda. When using a WY LLC as a trustee, how would the manager sign the deed? "Joe Schmo, manager of ABC LLC" or "Joe Schmo, manager of ABC LLC, which is the trustee of XYZ Trust"? Similarly, when signing on behalf of a LLC under a WY holding LLC, how would one sign as? Thanks!
So I want rent my property and my bank says no you can’t quit claim your deed to the LLC and transfer ownership because this will violate the due on sale clause. How do I use trust to get the same levels of liability protection and rent my property as the trust entity?
Great question, to assist you further, I highly recommend you request a free 45-minute consultation to discuss this with my team so we can provide you with an answer that is unique to your situation. Visit: aba.link/mzl
Check min 26.11 . Living trust & Land Trust two different tools. Living Trust no probation/ no court. Land Trust is to be anonymous on public records & FL has some liability. Land Trust is a private doc.
Hi, we recommend speaking with one of our advisors for any legal advice. Here is the link to schedule a free strategy session, aba.link/tobyss. Or you may call to speak with an advisor at our toll-free line, 800-706-4741.
Recently the township divided my property into two lots since I had my primary residence and a small rental house on the same parcel. I've been renting the small home out for 25 years without issues, but I'm thinking I should insulate myself from liability a little. My mortgage balance is $30k and my credit union holds the entirety of my property (primary residence and rental home) as collateral on the mortgage documents. I have some defaulted credit card debts as well. Wondering if I should get my property into a land trust? Other than my house and rental I have no other assets (I'm 61 and live entirely off my $850 monthly rental income and my mortgage payment is $300 monthly, so I'm below the poverty level). Any suggestions?
Thank you for sharing your situation. It's essential to consider the best strategies for asset protection and managing liabilities. To provide personalized advice on whether setting up a land trust is a suitable option for your circumstances, I recommend scheduling a free strategy session. Visit: aba.link/tobyss
Revocable Grantor Trusts that hold land are valid in all 50 states. "Land Trusts" are not recognized in most states. Please refer to the 0:24 mark. ua-cam.com/video/esH-Nrp9EQk/v-deo.html
From the sma amount I understand from watching this channel, I believe it also keeps your name off the property. So you can put the trust name on it, put it in its own LLC, owned by a bigger LLC with a trust as its member and people cant easily find all you own
@@TobyMathis I want to start virtually Wholesaling in FL. I live in GA. My goal is to get anonymity and personal asset protection from frivolous lawsuits. What is the cheapest way to accomplish this? The Land Trust in FL was mentioned that it has some protections. Do I need to use an additional LLC from WY to be the trustee or is that overkill and additional expense to maintain? I am just starting out and need to be frugal. After I prove the theory that I can make it work by doing a deal or two I could add protections or change structuring if need be.
@@JoeBurdenyou need to pay for this advice. Before starting out on any venture, your best first step is to focus your personal situation and goals with a an attorney in Florida who is also licensed in Georgia. It strikes me as odd that you’d be looking to make this investment and not have this as step 1 and looking for free advice from a UA-cam personality who cannot do it. You’re off to a bad start. Gather ideas from UA-cam for sure, but the folks in this network will get you to subscription services not legal counsel. It Will just eat up your time.
You would have to do a quit claim deed to the trust. Only problem is that it will still show that you quit claimed it without payment so it’d be easy to guess you still own it. You could also “sell” the home to your trust as well and selling it at market value could obfuscate ownership but you’d have to talk to a closing attorney to work it out. This is just advice from a random guy on the internet. YMMV
Good Vídeo, BUT in 2024 how Use the LLC for the Trustee Anonymiy once the Rules od FINCEN you have ShOW WHO is the Beneficiay the LLC? The WY do not ask, BUT the FINCEN Yes and worst have the pick the PHOTO and Submited for them.Then, HOW Avoid this, if this is posible?
Thank you for your insightful question! The evolving regulations, especially those related to FINCEN requirements, can have a significant impact on anonymity. To address your specific concerns and provide you with up-to-date and tailored strategies for maintaining trustee anonymity in light of these regulations, I recommend scheduling a free strategy session. Visit: aba.link/tobyss
The CTA is not a public database. It is with the Treasury. It is very similar to the Bank Secrecy Act's "know your customer" rules. Also a non-public database. You can still have public anonymity.
@@TobyMathis But, this data CAN LEAK as already PENTAGON data was hacked years ago and the Panama Papers scandal too, furthermore we are in 2024 and technology is only advancing and it is predicted that with the advancement of quantum computing, UNBREAKABLE codes TODAY such as BITCOIN Cryptography will be Broken in Minutes in the next years. However, thank you for YOUR attention, You, Clint and the Anderson Team are the best.
@@TobyMathis My Fear is if the and if it leaks, as happened years ago at the Pentagon and in the coming years with Quantum Computing, ENCRYPTIONS will be broken in Minutes and I am VERY AFRAID about having my data public and with My PHOTO. I think that perhaps using a Florida LAND TRUST is safer than using an LLC for those who buy and sell real estate and TAX SALES in the counties. Thanks for all.
Learn more about setting up Land Trusts Today! 👇
aba.link/mzl
Question 1 - If you are signing under a WY LLC, instead of using a nominee trustee, how does it look when you are signing your land trust? If you sign as "David Smith, Manager, ABC LLC (WY)" doesn't that loop your name into the title work of the property instead of using a nominee trustee? Question 2 - Can you do a video on how to keep your name off the address when using a business address other than your primary residence address? It's my understanding you have to disclose your personal address when setting up a PMB.
Great video
If I already have properties (5) in a NV LLC, which is owned by a WY LLC
So I have asset protection and some anonymity.
If I now want to also use a trust to get even more anonymity, but also to be able to change the beneficiary if needed at a later time.
(No kids, no cats, no dogs, I have no one to leave anything to)
How would I best do this? I have gotten several different suggestions, and am just getting more confused :)
Who should be the grantor, trustee and beneficiary at the end?
Will the lender allow you to change this to a LLC or land trust after you have had the loan already? To include a VA loan?
What is a reverse mortgage loan sacrifices in my part.
Would you recommend a land trust for my own personal residence or are set up more towards Investment/Renal Properties.
It really depends on your specific needs and goals. I recommend you set up a free strategy session so we can discuss more about setting up land trusts. Visit: aba.link/tobyss
How can I get this done for my personal residence? Thanks for the video…
We recommend speaking with one of our advisors for any legal advice. Here is the link to schedule a free strategy session, aba.link/tobyss. Or you may call to speak with an advisor at our toll-free line, 800-706-4741.
Hi Toby! Great video!! Question... are you familiar with " Non-grantor Irrevocable complex discretionary spendthrift trust" ?? are they legit?? do they help reduce or eliminate Capital Gains? Thanks!!
I was told that in a land trust the Trustee holds both equitable and legal title. The beneficiary interest is personal interest, not equitable.
In Toby’s example of a wrap property purchase with the seller’s loan staying in place, if I close in my own name, and then retroactively transfer into the trust as described, won’t the lender for this seller’s loan still be able to call the due on sale clause given there’s record of a transfer from seller to me when I originally closed in my name?? Thanks for the helpful content!
1) Land Trusts or Grantor Trusts only for Real Estate Property or can other assets also be added too?
2) Do Wyoming LLC's still have that anonymity after the passing of the new laws?
Great question, to assist you further, I highly recommend you request a free 45-minute consultation to discuss this with my team so we can provide you with an answer that is unique to your situation. Visit: aba.link/mzl
2.) yes. It’s just that the GOVERNMENT knows who owns the WY LLC. The public is still clueless.
Great information on Land Trust. Thanks Toby. Amanda was awesome. I'd like to get ahold of her, thru Anderson, to do some Land Trust work for my estate. I didn't see her contact information in the show notes.
Glad you enjoyed the video. Amanda is great! You can schedule a free consultation with our team to learn more about setting up your land trust through Anderson. Visit aba.link/mzl
Very good and interesting about hiding your real estate assets. Thanks for sharing.
My pleasure! I hope the information is helpful.
Thanks Toby and Amanda. When using a WY LLC as a trustee, how would the manager sign the deed? "Joe Schmo, manager of ABC LLC" or "Joe Schmo, manager of ABC LLC, which is the trustee of XYZ Trust"? Similarly, when signing on behalf of a LLC under a WY holding LLC, how would one sign as? Thanks!
I would say ABC LLC, as trustee of Of XYZ trust by Joe Schmo as manager of ABC LLC.
@@chi8319 Thank you
Excellent! I learned a lot
Glad it was helpful! Thank you for watching.
What's the Attorney's tel to set it up.
So I want rent my property and my bank says no you can’t quit claim your deed to the LLC and transfer ownership because this will violate the due on sale clause. How do I use trust to get the same levels of liability protection and rent my property as the trust entity?
Great question, to assist you further, I highly recommend you request a free 45-minute consultation to discuss this with my team so we can provide you with an answer that is unique to your situation. Visit: aba.link/mzl
What’s the tldr
If you use a living trus will be ye same land Teust ?
Check min 26.11 . Living trust & Land Trust two different tools. Living Trust no probation/ no court. Land Trust is to be anonymous on public records & FL has some liability. Land Trust is a private doc.
I read that these are not available to hold title in Washington and Idaho
Hi, we recommend speaking with one of our advisors for any legal advice. Here is the link to schedule a free strategy session, aba.link/tobyss. Or you may call to speak with an advisor at our toll-free line, 800-706-4741.
Recently the township divided my property into two lots since I had my primary residence and a small rental house on the same parcel. I've been renting the small home out for 25 years without issues, but I'm thinking I should insulate myself from liability a little. My mortgage balance is $30k and my credit union holds the entirety of my property (primary residence and rental home) as collateral on the mortgage documents. I have some defaulted credit card debts as well. Wondering if I should get my property into a land trust? Other than my house and rental I have no other assets (I'm 61 and live entirely off my $850 monthly rental income and my mortgage payment is $300 monthly, so I'm below the poverty level). Any suggestions?
Thank you for sharing your situation. It's essential to consider the best strategies for asset protection and managing liabilities. To provide personalized advice on whether setting up a land trust is a suitable option for your circumstances, I recommend scheduling a free strategy session. Visit: aba.link/tobyss
I heard that it's not valid in Tennessee is that correct
Revocable Grantor Trusts that hold land are valid in all 50 states. "Land Trusts" are not recognized in most states.
Please refer to the 0:24 mark. ua-cam.com/video/esH-Nrp9EQk/v-deo.html
For a simple individual, with not a lot of exposure...wouldn't an insurance umbrella policy cover personal assets without a land trust?
From the sma amount I understand from watching this channel, I believe it also keeps your name off the property. So you can put the trust name on it, put it in its own LLC, owned by a bigger LLC with a trust as its member and people cant easily find all you own
Excellent
Thanks
This went totally over my head
Please let me know if you have any questions.
@@TobyMathis I want to start virtually Wholesaling in FL. I live in GA. My goal is to get anonymity and personal asset protection from frivolous lawsuits. What is the cheapest way to accomplish this? The Land Trust in FL was mentioned that it has some protections. Do I need to use an additional LLC from WY to be the trustee or is that overkill and additional expense to maintain? I am just starting out and need to be frugal. After I prove the theory that I can make it work by doing a deal or two I could add protections or change structuring if need be.
@@JoeBurdenyou need to pay for this advice. Before starting out on any venture, your best first step is to focus your personal situation and goals with a an attorney in Florida who is also licensed in Georgia. It strikes me as odd that you’d be looking to make this investment and not have this as step 1 and looking for free advice from a UA-cam personality who cannot do it. You’re off to a bad start. Gather ideas from UA-cam for sure, but the folks in this network will get you to subscription services not legal counsel. It Will just eat up your time.
Excellent video Team
Thank you very much!
What's the contact info of the guest in this video?
You can sign up for a free consultation with my team here: aba.link/tobyss
Great video
Thank you!
Can i do my current home to get my name off personal residence?
You would have to do a quit claim deed to the trust. Only problem is that it will still show that you quit claimed it without payment so it’d be easy to guess you still own it. You could also “sell” the home to your trust as well and selling it at market value could obfuscate ownership but you’d have to talk to a closing attorney to work it out. This is just advice from a random guy on the internet. YMMV
Wow great content! do you have a business email or where I can reach you out?
You can find all our business information via our website here: andersonadvisors.com/
Good Vídeo, BUT in 2024 how Use the LLC for the Trustee Anonymiy once the Rules od FINCEN you have ShOW WHO is the Beneficiay the LLC? The WY do not ask, BUT the FINCEN Yes and worst have the pick the PHOTO and Submited for them.Then, HOW Avoid this, if this is posible?
Thank you for your insightful question! The evolving regulations, especially those related to FINCEN requirements, can have a significant impact on anonymity. To address your specific concerns and provide you with up-to-date and tailored strategies for maintaining trustee anonymity in light of these regulations, I recommend scheduling a free strategy session. Visit: aba.link/tobyss
The CTA is not a public database. It is with the Treasury. It is very similar to the Bank Secrecy Act's "know your customer" rules. Also a non-public database. You can still have public anonymity.
@@TobyMathis But, this data CAN LEAK as already PENTAGON data was hacked years ago and the Panama Papers scandal too, furthermore we are in 2024 and technology is only advancing and it is predicted that with the advancement of quantum computing, UNBREAKABLE codes TODAY such as BITCOIN Cryptography will be Broken in Minutes in the next years. However, thank you for YOUR attention, You, Clint and the Anderson Team are the best.
@@TobyMathis My Fear is if the and if it leaks, as happened years ago at the Pentagon and in the coming years with Quantum Computing, ENCRYPTIONS will be broken in Minutes and I am VERY AFRAID about having my data public and with My PHOTO. I think that perhaps using a Florida LAND TRUST is safer than using an LLC for those who buy and sell real estate and TAX SALES in the counties. Thanks for all.