By Randy Hughes, Mr. Land Trust Has anyone asked you yet, “What is a Trust?” I am asked many times each month what a trust is and why someone should use a trust to hold title to their real estate investments. Oftentimes the person asking me these questions is a real estate investor or an Continue Reading
Land Trust Record Keeping
Image by OpenClipart-Vectors from Pixabay By Randy Hughes All you need to create a Land Trust is two documents. A Deed to Trustee and a Trust Agreement. The heart of a Land Trust is the Trust Agreement (TA). So, what do you do when you can t find your TA? Your first phone call should be to Continue Reading
Always Think Safety
Image by Free-Photos from Pixabay By Randy Hughes Sometimes I am questioned as to why I do not want to own property in my personal name. Am I trying to do something illegal, immoral, or fattening? NO! I am just trying to protect my family’s assets from deadbeats and their contingency fee Continue Reading
Myths About Land Trusts
By Randy Hughes, Mr. Land Trust I write and teach a lot about the many benefits to using a Land Trust to hold title to real estate investments. There is a lot of misinformation in the marketplace about Land Trusts and a lot of bad advice given regarding these Grantor Revocable Title Holding Trusts. Continue Reading
Prepare for the Coming Greed Pandemic
Protecting Your Assets Is MORE Relevant Post-COVID-19 By Randy Hughes If you wondered about your need for privacy and asset protection before the Pandemic, it will be critical for you and real estate investors like you post-Pandemic. The effects of the epidemic will be felt for years, not only Continue Reading
Virginia Land Trusts
By Randy Hughes, Mr. Land Trust Our modern world is fraught with dangers and potential liabilities for the real estate investor who just wants to work hard and build an estate for his/her family. Learning how to conceal assets and appear poor should be the goal of all hard-working entrepreneurs. Continue Reading
They Did Not Take My Advice and It Cost Them Dearly
By Randy Hughes, Mr. Land Trust Several years ago I purchased four single family houses on an installment contract from an elderly gentleman and his wife. The couple had lived in my town all their life and had decided to retire to Florida. Not wanting to be burdened with continuing to manage Continue Reading
Are There Too Many Lawyers in the United States?
By Randy Hughes, Mr. Land Trust Supreme Court Justice Antonin Scalia said, “...there are too many lawyers in the United States...” He went on to say, “I do not mean to criticize lawyers, just the need for so many lawyers. Lawyers do not dig ditches or build buildings. When a society requires such Continue Reading
Is the Secrecy of a Land Trust Lawful?
By Randy Hughes, Mr. Land Trust Land Trusts have been used in the United States for over 100 years, primarily for privacy of ownership. Many people, for various reasons, want to own real estate without public knowledge. Perhaps they are a celebrity, politician (President Obama owns his house in Continue Reading
Is It Honest to Use A Land Trust?
By Randy Hughes, Mr. Land Trust I have been using Land Trusts for over 40 years in my real estate business, but every now and then someone will challenge me as to the purpose and "honesty" in using a Land Trust to hold title to real estate investments. Let's clear the air. Recently I was talking Continue Reading
Florida Land Trusts
By Randy Hughes Oftentimes I am asked, “Which state should I form my land trust in?” As a continuation of the subject discusses in my last newsletter, you now understand that you do not have to form your land trust in the same state where you live or where the property is located. In fact, there Continue Reading
Personal Property vs. Real Property
By Randy Hughes It is fascinating to me that real estate starts out as personal property (boxes of ceiling tile, carpet, lumber, etc.) and once it is assembled it becomes real estate. Then, when we place the property into a Land Trust, it again becomes personal property to the beneficiary of the Continue Reading
What’s in a Name?
By Randy Hughes I recently read an article on the internet by Anna Sobrevinas about the names of people who own expensive homes. She said, “These are some of the names of owners of the most valuable homes nationwide, with ‘Stuart’ in the lead with a median home value of $334,022, according to Continue Reading
