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[ Follow Ups ] [ Post Followup ] [ The Forum Board ] [ FAQ ] Re: Title holding Trusts Posted by Ward-CA- on September 19, 2001 at 7:14 AM In Reply to: Title holding Trusts posted by Ben B on September 19, 2001 at 6:47 AM : Ward: I created a family trust in CA some 25 years ago, and hold all of my real estate in this Trust, of which I am the sole trustee. In fact, I personally do not own one nickel. : Question: Is there any advantage, one way or the other, of setting up a second (Title Holding) trust? : Ben : PS Was at your lecture last night, really got a lot out of it, thanks thanks thanks. =•=•=•=•=•=•=•=•=•=•==•=• Ben, you can tell I was having fun last night too. Glad you were there. As far as trusts go we create individual trusts to hold title to individual properties. There’s no extra expense in creating multiple trusts so we do it to not lump all of our properties together. That way if we get sued on one property it’s not going to threaten the loss of our other properties since they aren’t connected together under the same trust. Good luck. Follow Ups: Re: Title holding Trusts Ben B 11:39 AM, 09/19/01 (1) Re: Title holding Trusts Ward-CA- 12:38 AM, 09/19/01 (0) Post a Followup: Name : E-Mail : Subject : Comments: : : Ward: I created a family trust in CA some 25 years ago, and hold all of my real estate in this Trust, of which I am the sole trustee. In fact, I personally do not own one nickel. : : Question: Is there any advantage, one way or the other, of setting up a second (Title Holding) trust? : : Ben : : PS Was at your lecture last night, really got a lot out of it, thanks thanks thanks. : =•=•=•=•=•=•=•=•=•=•==•=• : Ben, you can tell I was having fun last night too. Glad you were there. : As far as trusts go we create individual trusts to hold title to individual properties. There’s no extra expense in creating multiple trusts so we do it to not lump all of our properties together. That way if we get sued on one property it’s not going to threaten the loss of our other properties since they aren’t connected together under the same trust. : Good luck. 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

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