Florida Land Trust

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  • čas přidán 5. 07. 2024
  • A Florida land trust is a private agreement that hides property ownership from the general public. Florida land trusts operate under section 689.071 of Florida law, also known as the Florida Land Trust Statute or the Florida Land Trust Act. In a Florida land trust, a trustmaker appoints another person to serve as trustee to hold legal title to real estate property for the benefit of the beneficiary (typically the trustmaker). A land trust is considered a revocable grantor trust.
    My in-depth guide to land trusts in Florida: www.alperlaw.com/florida-asse...
    Book a phone or Zoom consultation: www.alperlaw.com/land-trust-a...

Komentáře • 3

  • @vaseb1
    @vaseb1 Před měsícem

    Thanks for this video. After placing a property in a land trust, would transferring interest from self to an LLC help with asset protection?

  • @cor-el4995
    @cor-el4995 Před rokem

    This is really good information! Is a residential owner's homestead exemption protection negated by putting it into a land trust, or do they still maintain their exemption? If so, it seems like it would be detrimental to put a primary home into a land trust, but it seems like there could be some benefits for additional properties.

  • @vitolazlo5767
    @vitolazlo5767 Před rokem

    Very nice video Ty. Will the FL land trust protect from liability suits that arises from within the trust property.
    Meaning if I buy a cheap piece of land in Florida that I want to use at a later date and it is not even worth much.
    I rented out to various people, for whatever storage etc. Something happens to them or their guests. Like they fall they get hurt from something on a fence or anything. The sue can they get the assets of the trustee or the beneficiary out side of the land value in the trust. The trustee is in charge of property management.