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« Retaining Your Wealth Once You Have Created It | Main | Keeping Your Wealth After You Have Built It »
Monday
Dec222008

Keep Your Real Estate Assets Private

Information Super Highway

The Internet explosion has provided us with many advantages and benefits, not the lease of which is easy access to educational, technical and research information.  However, along with this easy access to information comes the concern that people have easy access to our personal information as well.  In fact, many would argue that the access is a violation of our privacy and that it exposes too much personal information. 

Security Issues

We read about security issues each and everyday, such as breach of privacy, theft of credit information, and identify theft just to name a few.  So, while the advantages and benefits probably out weigh the negative issues involved, we still must be diligent in monitoring and protecting our personal identities and assets.

Keep Real Estate Ownership Private

We often assume that ownership of real estate must remain public.  We assume that it must be public since we have to record a Grant Deed with the County Recorder's Office.  However, nothing could be further from the truth. 

Title Holding Trust

One just has to be aware of the dangers and understand how to keep his or her ownership of the real estate confidential and private.  It is as simple as establishing a Title Holding Trust or Land Trust.  The Title Holding Trust or Land Trust is a simple and inexpensive method for acquiring, holding and disposing of real estate in a confidential and private manner.

Title to the real estate is held under the name of the Trustee of the Title Holding Trust and the client's name never appears on public records.  This can be advantages for many reasons, the least of which is to keep your personal name off the public records in order to minimize potential risks.

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