In this modern digital age protecting privacy is becoming increasingly difficult. One time-tested method of protecting privacy that this article discusses involves owning real estate through a land trust. “For centuries, land trusts have been a standard way of protecting one’s privacy and transferring real property, and in today’s culture, this type of ownership structure is as popular as ever because it offers one of the most valuable assets of all—anonymity.” Not all land trusts are the same and there are some scams out there so it is important for people to do careful research before acting on any information. This article goes into some detail describing how land trusts work and the type of situations when they might be beneficial. People who are interested in learning more should speak with an estate planning professional with some experience on this topic.
See John M. Coombe and Elizabeth A. Markworth, Land Trusts: A Secure Way To Hold Title, National Real Estate Investor, March 10, 2016.
Special thanks to Jim Hillhouse for bringing this article to my attention.
