Understanding: Land Trusts
Who Benefits from a Land Trust?
Property ownership by Land Trust is a streamlined and cost-effective solution to maintaining privacy concerns for high profile individuals such as athletes, physicians, high-income earners, service professionals, and others who are concerned with the ability of their clients or the public to identify details about their assets, and in particular their home, from the public records.
For example, a properly established Land Trust will prevent your name from being affiliated with your home, such that individuals looking to determine where you live, how much you paid for your home, or whether you have collectable assets will be forestalled.
This is a crucial protection for individuals that are commonly the target of frivolous lawsuits or potentially at the mercy of unstable individuals.