Asset Protection With A Title Holding Trust or Land Trust

I'm frequently asked if the Title Holding Trust or Illinois Land Trust or just Land Trust is a good choice as an asset protection strategy.  The answer depends on what the person's goals and objectives are and what level of asset protection they are looking for or need. 

Title Holding Trusts are designed and used to keep a persons identity confidential.  The true owner's name never appears on the public records.  There are other benefits as well, such as protection against liens or judgments, but most of the time the Title Holding Trust is used for confidentiality and privacy of ownership.

This is all that it does.  It keeps the property ownership confidential, which is part of an asset protection strategy.  However, the Title Holding Trust or Land Trust is not enough when more than privacy and confidentiality are needed.  The Title Holding Trust will not protect the true owner from any litigation.

You may wish to visit The Center for Wealth & Legacy Studies and ask some of their advisors about asset protection or wealth protection.  They have a very large Advisory Team that can assist you.