ERRONEOUS LAND TRUST ADVICE HOW TO SPOT IT CLINT COONS
imperative to deed the property to the trustee of the trust and not the trust itself .
When dealing with professionals not accustomed to working with real estate investors and the various tools at their disposal , it is not uncommon to run into resistance born out of ignorance . If an attorney dismisses your use of a land trust as not being valid in your state , you can now ask him under what common law principal did he reach his conclusion . Not only will you undoubtedly shock him with your understanding of the law , you might event get him to waive his fee because you will be the one advising him and not the other way around . ( Wishful thinking . I haven ’ t met an attorney yet who won ’ t try and bill you just for being in his presence .)
Clint Coons
Clint Coons is a nationally recognized attorney and author who regularly teaches workshops on asset protection . His latest book “ Asset Protection for Real Estate Investors ” is available on Amazon or his website , www . alglaw . com .