InnoVest Resource Management's Foreclosure Forum

Discussion Board Foreclosure Training Title Holding Trust Seminar Schedule Foreclosure Codes 60+ Yrs Interest Rates News & Trends FAQ Dingbat Retirement Plan Links To Contact Us Home

[ Follow Ups ] [ Post Followup ] [ The Forum Board ] [ FAQ ] Need for separate trusts Posted by Ward-CA- on April 18, 2001 at 2:07 PM In Reply to: Put each prop in a seperate trust? posted by joe on April 17, 2001 at 5:08 PM : Hi Ward.I have 18 houses that I want to put into a trust.Is it wise to put them all in one single trust or should I put each property in a seperate trust,and why or why not?They are in all different parts of the country.Thanks Ward. =-=-=-=--=-=-=-=-=-=-=-=- Joe, I don't know about other states, but here in CA it doesn't cost you any extra to have each property you own in a separate trust. And by doing so you eliminate the possibility of just one lien against your trust adversely affecting all of your properties. I can't think of any reason you would not want to put each property into a separate trust. There's no extra ongoing paperwork burden, it doesn't affect your taxes, etc. Ward Learn how to set up your title holding trusts Follow Ups: Post a Followup: Name : E-Mail : Subject : Comments: : : Hi Ward.I have 18 houses that I want to put into a trust.Is it wise to put them all in one single trust or should I put each property in a seperate trust,and why or why not?They are in all different parts of the country.Thanks Ward. : =-=-=-=--=-=-=-=-=-=-=-=- : Joe, : I don't know about other states, but here in CA it doesn't cost you any extra to have each property you own in a separate trust. And by doing so you eliminate the possibility of just one lien against your trust adversely affecting all of your properties. : I can't think of any reason you would not want to put each property into a separate trust. There's no extra ongoing paperwork burden, it doesn't affect your taxes, etc. : Ward Optional Link URL: Link Title: Optional Image URL: [ Follow Ups ] [ Post Followup ] [ The Forum Board ] [ FAQ ] WWWAdmin 2.0a © 1997 Matt Wright and DBasics Software Company, All Rights Reserved

Copyright © 1997-2001, InnoVest Resource Management

InnoVest Resource Management, 4080 Centre Street, Suite 204, San Diego CA 92103-2657
(619) 296-9596, Fax (619) 296-6443