InnoVest Resource Management's Foreclosure Forum

Home Discussion Board "Hands-On" Training Title Holding Trust Speaking Schedule Store Foreclosure Codes 50 State Resource Data Foreclosure Glossary Foreclosure Statistics 60+ Yrs Interest Rates Fillable Forms Archived Articles Dingbat Retirement Plan Links Contact / Map Home

[ Follow Ups ] [ Post Followup ] [ The Forum Board ] [ FAQ ] Do it from the get-go.. Posted by Ward-CA- on June 13, 2003 at 6:37 AM In Reply to: Irrevocable Trust posted by Jim on June 13, 2003 at 1:43 AM : I'm buying a house for my personal residence and I intend to put it into a trust. I realize the typical Title Holding Trust is not meant for this type of transaction. My question is: Would I use the Irrevocable Trust for securing my domicile? Should I try to put the title under this trust from the get-go or do the transaction in my wife's and my name as joint tenants and then deed it to my trust afterwards? =?=?=?=?=?=?=?=?=?=?=? Jim, One of the reasons people use a THT (title holding trust) is for privacy. And the ultimate in privacy is to arrange your ownership of real property in such a manner as to have never had it appear in your name in the public record?the county recorder?s records. So if you arrange to take title directly into the THT right from the get go, then do it by all means. Follow Ups: Post a Followup: Name : E-Mail : Subject : Comments: : : I'm buying a house for my personal residence and I intend to put it into a trust. I realize the typical Title Holding Trust is not meant for this type of transaction. My question is: Would I use the Irrevocable Trust for securing my domicile? Should I try to put the title under this trust from the get-go or do the transaction in my wife's and my name as joint tenants and then deed it to my trust afterwards? : =?=?=?=?=?=?=?=?=?=?=? : Jim, : One of the reasons people use a THT (title holding trust) is for privacy. And the ultimate in privacy is to arrange your ownership of real property in such a manner as to have never had it appear in your name in the public record?the county recorder?s records. : So if you arrange to take title directly into the THT right from the get go, then do it by all means. 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

Information provided by this website is for informational purposes only and is not a substitute for professional advice. Please consult your investment advisor and/or attorney before entering into any transaction.

Copyright © 1997-2003, InnoVest Resource Management
http://www.foreclosureforum.com

InnoVest Resource Management, 4569-A Mission Gorge Place, San Diego CA 92120-4112
(619) 283-5444, Fax (619) 283-5455