Crown Investor Institute: Course Summary:
Land Trusts – Basics
The Basic Course is a pre-requisite for taking the “Land Trusts Advanced” class.
Real Estate CE Credit is available.
In the litigious world we live in owners of real estate have become increasingly susceptible to frivolous lawsuits. With the county deed records now available on the Internet, angry tenants, nosey neighbors, snoopy in-law, ex-spouses and hungry lawyers can easily identify property owners, serve them, and involve them in a lawsuit, founded or unfounded. The public nature of real estate holdings can make life miserable for unprotected investors. Camouflaging ownership goes a long way to keeping you from being identified as a “wealthy real estate barren” and getting targeted by predators looking for an easy mark with deep pockets.. This is an old and established strategy used by property owners, and the rich and famous, for centuries. Land Trusts have a long history of common law, as well as state statutes and tax law, that gives them good standing as a privacy tool for the investor. This class will build your confidence in land trusts. This “basics class” is designed to familiarize you with Land Trust’s as a title holding strategy and prepare you for the advanced class where you will learn to form your own trusts.
Crown has been using Land Trusts for 15 years to protect property owners from unnecessary public exposure. We work with one of the largest and most prestigious real estate law firms in the southeast to train on Land Trusts. Dickenson Gilroy, LLC has helped develop and perfect our documents, co-authored and co-teach this course, and will close into Land Trusts.
Attorney testimonies:
“The Land Trust is a powerful tool for real estate investors to keep their names off public records. Anonymity goes a long way towards reducing the liability and added exposure of owning publicly recorded assets. I have worked with Crown and Robert Locke for several years applying this strategy and have drafted and reviewed their Land Trust documents”.
Jennifer Dickenson. Partner and Closing Attorney, Dickenson Gilroy, LLC. (Sigma cum lade) Emory Law School
“As a litigator I find it cumbersome to track down the assets of an investor who has made the effort to camouflage ownership of their real estate through title holding trusts. A properly drafted Land Trust goes a long way in getting the owners’ real property off the radar screen of creditors, government agencies, angry tenants, nosy in-laws, prying tax collectors, or the ex-spouse. We work closely with Crown clients and students to properly implement the Land Trust strategy”.
Monica Gilroy, Partner and head of litigation at Dickenson Gilroy, LLC (previous firm specialized in trust work)
In this class you will learn …
- The history of Land Trusts
- The legal foundation of the Land Trust
- How the public records can hurt you
- Why frivolous litigation is such a popular pastime
- How to keep prying eyes from seeing your real estate holdings
- How to identify your public and private assets
- How to begin camouflaging your real estate ownership
- How to convert real property into personal property
- How to identify those you want as your trustee
- How your trustee is protected from liability
- How the trustee and beneficiary function as a team
- What the benefits of Land Trusts are
- How to select a Land Trust name that deflects attention
- Why judgments against you do not tie up your trust held real estate
- Why lawsuits do not restrict the marketability of your properties held in trust
- How title companies treat Land Trusts
- How to sell your property without paying transfer tax
- How to buy property even though you have a judgment against you
- How to transfer your real estate without the world being notified
- And much, much more
Questions Answered:
Q: Where and when will this be taught?
A: See Course Schedule >>
Q: Can I get Continuing Education credit if I am a licensed Real Estate Agent?
A: Yes. See Georgia Real Estate Commission Description of Course >>
Q: How does this course differ from other Land Trust Courses?
A: See Differences >>
Q: Where can I find out about the Advanced Course?
A: See Land Trust Advanced Description >>
Georgia Real Estate Commission Description for this course:
Course # 42013
Course Description: Land Trust - Basics
Duration: 3 Hours
Purpose: This course is an overview of the basic elements of the Land Trust as a title-holding strategy and how they might be used to accomplish the client’s objective for privacy.
First Hour Objective: At the end of the first hour the agent will understand how the public records system exposes property owners to public scrutiny of their real estate holdings and the dangers of that scrutiny.
Second Hour Objective: At the end of the second hour the agent will understand how the Land Trust is used to privatize the ownership of real estate and protect the owner from nuisance law suites.
Third Hour Objective: At the end of the third hour the agent will be able to outline the players of the Land Trust and how their actions are governed by the trust agreement.
Ethical Consideration: Review the limits of the agent’s discussion of Land Trusts with their clients and the necessity of the client using a competent attorney to address any details.
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