silvio replied to the topic LLC’s and land trust ?s in the forum PACTrust/EHT Topics and Creative Real Estate Financing 10 years, 6 months ago
An LLC can be either a beneficiary, a trustee or a settlor. Just not the trustee and beneficiary or settlor at the same time.
As Gary said, the best arrangement is the one we espouse…a third-party unbiased fiduciary, non-profit corporation as trustee and either you or your LLC as the beneficiary.
How about a 3rd Party…[Read more]