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Foreclosure Forum |
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Re: placing trust deeds on one's investmentsIn Reply to: placing trust deeds on one's investments posted by hard money lender on February 08, 2010 at 11:01 PM Yes. However, you may not have picked up on the typical intended purposes or perhaps have a different reason for doing to do this. There are numerous reasons why one might want to use this as a tactic, however I don't see where it would prevent lawsuits. Disagreements cause lawsuits. I like the idea of recording a protective trust deed (backed up by a non-recorded note) on certain properties as a way of disguising the actual equity to the general public. In a lawsuit, the real facts generally come out during the discovery phases anyway, so I don't think it to be a great asset protection device of and by itself. Of course, if you do get into a pickle, you sure as heck better be able to show where the money flowed from entity A to entity B and keep them well separated.
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