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[ Follow Ups ] [ Post Followup ] [ The Forum Board ] [ FAQ ] Re: Trusts - My Plan Make Sense? Posted by hard money lender on April 21, 2008 at 5:18 PM In Reply to: Re: Trusts - My Plan Make Sense? posted by Jerry - Ca. on April 21, 2008 at 3:27 PM hi jerry, there is no difference. a trust is simply an entity that can own property. whether it is revocable or irrevocable makes a difference. but the phrase "title holding trust" and the phrase "living trust" are not legal entities, and they are not different. people use the phrase "tht" to typically demonstrate that it owns a singular piece of property. people use the phrase "lt" to typically demonstrate a trust that carries lingo in it on how to manage the estate. i am certainly aware that a deed is recorded. this is the only thing that creates legal ownership. this deed can have 3 separate trusts, as tenants in common, as its owner. and the trustee can be any of the 3 beneficiaries. you may have stated "doctrine of merger", but that is far different from showing proof. Follow Ups: Re: Trusts - My Plan Make Sense? Jerry - Ca. 10:06 AM, 04/22/08 (5) Re: Trusts - My Plan Make Sense? hard money lender 10:46 AM, 04/22/08 (4) Re: Trusts - My Plan Make Sense? Jerry - Ca. 11:38 AM, 04/22/08 (3) Re: Trusts - My Plan Make Sense? hard money lender 6:35 PM, 04/22/08 (2) Correct! (nt) Jerry - Ca. 6:52 PM, 04/22/08 (1) Re: Correct! But???? Mark Hamilton 11:24 AM, 04/26/08 (0) Re: Trusts - My Plan Make Sense? Jerry - Ca. 9:55 AM, 04/22/08 (0) Post a Followup: Name : E-Mail : Subject : Comments: : hi jerry, : there is no difference. : a trust is simply an entity that can own property. : whether it is revocable or irrevocable makes a difference. : but the phrase "title holding trust" and the phrase "living trust" are not legal entities, and they are not different. : people use the phrase "tht" to typically demonstrate that it owns a singular piece of property. : people use the phrase "lt" to typically demonstrate a trust that carries lingo in it on how to manage the estate. : i am certainly aware that a deed is recorded. this is the only thing that creates legal ownership. : this deed can have 3 separate trusts, as tenants in common, as its owner. : and the trustee can be any of the 3 beneficiaries. : you may have stated "doctrine of merger", but that is far different from showing proof. [ Follow Ups ] [ Post Followup ] [ The Forum Board ] [ FAQ ] WWWAdmin 2.0a © 1997 Matt Wright and DBasics Software Company, All Rights Reserved

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