Question : Is a Land Trust or Living Trust best for home ownerhip?
Hello,I need to create some kind of Trust to hold my house title and my car title. My main concern is privacy due to a stalking incident. I've been told by a lawyer that a Land Trust would protect my privacy and would be less expensive than a Living Trust.But then I would need a Personal Property Trust or something similar for my car. Does anyone have experience or dealt with this type of situation? Living trust or Land Trust? If Land trust, what do I do for titling my vehicle?Thanks!
- asked by Chris S
All Answers:
Answer #1
I'd go with a Revocable Living Trust. You cantitle both your house and your car in it. It isflexible and you can change it at any time. Andit should not be very expensive.
- answered by BR
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measure and fulfill your financial needs
