Download the mindmap to this presentation by visiting https://tpf.legal/rlt

In this episode of The Real Estate Attorney Podcast, I explain (1) what I think real estate investors should know about LLCs and (2) why you may want a revocable living trust.

Disclaimer - Legal information not legal advice.  For legal advice contact an attorney licensed to practice law in your jurisdiction.

Part One - What I Want Investors To Know About Real Estate Living Trusts Are:

(1) They're super easy to create.

(2) Basic Definitions (Like what is a living trust)

(3) You Must Title Real Estate In The Name of The Trust

(4) Benefits of being your own trustee

(5) Benefits of using an Attorney Trustee.

(6) Generally No Liability Protection.

Part Two - Why You May Want A Revocable Living Trust

(1) Conventional Financing and RLTs

(2) Why You May Want To Keep Your Assets Hidden

(3) Hard Money and RLTs

(4) Your State may charge an outrageous amount of money to form business entities.

(5) Avoiding Probate, Incapacity, & Estate Planning

(6) Management By Absence

(7) It's revocable.

Thanks for listening!  Need a RLT or an attorney-trustee?  Visit tpf.legal to schedule a time for Attorney Pendergraft to call you within 24 hours.