Tuesday, October 30, 2007

Reasons to Use a Land Trust

31 Reasons to Use a Land Trust

1. Avoids property being probated (out of court transfer upon death of beneficiary)

2. Ease of Transferability

3. Judgments do not attach to the beneficiary

4. No Partition (avoids spouse’s “forced share” sale buyout upon divorce)

5. Easier management with multiple owners (multiple owner do not have to sign docs)

6. No costs upon transferring beneficiary

7. No registered agent needed

8. Legal and Equitable property interest in trustee’s name (never be in the "chain of title")

9. Income and Expense conduit, not a business with tax consequences

10. Trustee has no personal liability

11. No annual fees like other entities, if trustee is an individual or friend

12. Estate planning benefits – automatic successor beneficiaries

13. Less expense with grantor creating the trust entity

14. Avoids the due on sale clause (lenders never know what happened)

15. Privacy of ownership (no recordation of the Trust Agreement) Helps avoid Identity Theft of your name

16. Keep sales price private

17. Able to fracture interests of multiple owners without being "partners"

18. Ease of linkage to other asset protection entities

19. Non-judicial repossessions of real estate sold on installment contract

20. 1099 not required for transfers (personal property not subject to real estate regulations)

21. Ease of operating across state lines

22. Lots of case law to support land trust administration

23. Many attorneys do not study this section of the law – not profitable for them (yields a competitive advantage)

24. No recordation of the Trust Agreement

25. No tax return to file (pass through entity)

26. To avoid “seasoning” problems (secondary market rules of ownership)

27. To save title insurance premiums (Trustee-insured-remains the same)

28. Good negotiating technique in the sale or purchase of property (Disney World used land trusts to acquire its property prior to construction...to avoid price escalation)

29. To provide non-recourse financing

30. Lowering of real estate taxes (prevents re-assessment)

31. Avoids state regulations that apply to corporations and LLC’s


As you can see, Land Trusts are a wonderful tool for you to use to hide your assets, avoid real estate tax increases, privatize your sales transactions, avoid probate and use for many other benefits. Now that you have a basic understanding of why
people use Land Trusts, please consider acquiring our Land Trusts Made Easy Home Study Course.

You will be amazed at the logic behind how to structure your Trust Agreement so no one but YOU understands what is going on. At the end of the course we give you all of the forms needed to create and maintain your own Land Trusts.

This is available by going to: www.JGAGE.com clicking on “Investing Tools” then clicking on one of the “Package Deals” tabs.

Are you working hard to acquire your assets? You will spend a life time building your financial estate…spend a little time and money learning how to protect your net worth from the deadbeats and their contingency fee lawyers!

Please visit our website at www.JGAGE.com. You can read even more about Land Trusts and how they benefit you.

WWW.JGAGE.COM

Monday, October 22, 2007

Tomorrow Nights' Webinar

Hello All:

Just a quick reminder to let you know we only have a few lines remaining for our webinar tomorrow night - hope to see you there...

Tuesday, October 23, 2007 - Special Webinar with Foreclosure.com

Time: 9:00 PM EST

Topic: "How to Use Lease Options with Foreclosures!"

Where : CLICK HERE TO REGISTER

* Only 200 lines available- Register NOW !

Friday, October 19, 2007

As I Predicted in June

Hello All:

As predicted this past June by me, while speaking in VA:

Dow Plunges Nearly 375 on Recession Fears- AP Stocks pulled back sharply Friday as lackluster profit reports, record high oil prices and a warning from Caterpillar that the housing downturn was spreading to other parts of the economy raised fears about the economy’s long-term strength.
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Again fellow investors this is a great opportunity to invest with lease options, short sales and Probates. Drop by my website to sign up for a free newsletter and other valuable tips.

Monday, October 15, 2007

Upcoming 1 Day Training

Saturday, November 10, 2007 : 8:00 AM -5:00PM- Worcester, MA

Massachusetts Real Estate Investors & Apartment Owners Association

Topic : 1 Day Training On : Lease Options, Short Sales & Probate Investing

Where: http://www.massreia.com: Crown Plaza, Central Street, Worcester, MA

Friday, October 12, 2007

Short Sale: Tip of The Week

Hello All :

When doing short sales, always ask the bank or mortgage company for their short sales package. Never assume that you know what they are looking for, even though you may be correct.
You want to deal with their process and their format, so things will going smoothly - remember pick and choose your fights carefully, and never use generic templates.

Also, please visit my website and click on investing tools for the latest and best aids to help you in your investing.

Blog you later.

James Gage

Sunday, October 7, 2007

Upcoming Training Event

Hello All :

Hope this finds you and yours well. I'm back from enjoying a little snook fishing in NE Florida, so I thought I would post my next training event with the folks at Foreclosure.com before its' back to mentoring and investing.

Blog you later.

James Gage

Tuesday, October 23, 2007 - Special Webinar with Foreclosure.com

Time: 9:00 PM EST

Topic: "How to Use Lease Options with Foreclosures!"

Where : CLICK HERE TO REGISTER

* Only 200 lines available- Register NOW !