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Related content

Florida Land Trust - The Florida Senate
(h) “Trustee” means the person designated in a recorded instrument or trust agreement...
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WEC403/UW448: Basic Steps to Creating a...
New land trusts must submit IRS form 1023 to receive 501(c) federal tax exemption (see...
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Form SS-4 (Rev. Feburary 1998)
(For use by employers, corporations, partnerships, trusts, estates, churches, government...
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Differences Between a Land Trust and Living Trust Land Trusts are specifically designed to hold real estate and real-related assets, while Living Trusts hold all types of assets — cash accounts, investment, real property, personal property, notes, intellectual property, business interests, and more.

However, we hope this article has been helpful in pointing out land trust disadvantages, including the loss of rights and exemptions. Redemption rights can be jeopardized in case of foreclosure. Homestead bankruptcy protection and tax benefits are lost. Lastly, you lose secondary market loan options.

The primary benefit of a land trust in Florida is the confidentiality of real estate ownership. The county public records show only the name of the trustee of the land trust– public records do not show the beneficiary's name.

The Florida Land Trust is a solution for holding title to real or personal property that is created by a Florida Statute 689. The Florida land trust if often misunderstood by individuals and lawyers and most believe it provides great asset protection to the beneficiary.

The Land Trust is created through the execution of two documents: 1) a Deed in Trust, where the real property is conveyed into the name of the Trustee in its fiduciary capacity as Trustee (not in its corporate capacity), and 2) a Florida Land Trust Agreement pursuant to which the Trustee administers the terms of the ...

Land Trust Fees Land Trust Setup $275.00. Includes preparation of land trust and deed into trustee plus first 12 months of trustee services; does NOT include any recording fees. Annual trustee fee $100.00. Land Trust Termination $200.00. ... Closing Coordination Fee $300.00. ... Assignment of Beneficial Interest $75.00.

Generally speaking, most trusts cost between $1,000 and $3,000 to set up. A trust is a legal arrangement in which property (such as money or property) is held by one party for the benefit of another. A trustee holds legal title to the property for the benefit of the beneficiaries.

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© Copyright 1997-2025
airSlate Legal Forms, Inc.
3720 Flowood Dr, Flowood, Mississippi 39232
Form Packages
Adoption
Bankruptcy
Contractors
Divorce
Home Sales
Employment
Identity Theft
Incorporation
Landlord Tenant
Living Trust
Name Change
Personal Planning
Small Business
Wills & Estates
Packages A-Z
Form Categories
Affidavits
Bankruptcy
Bill of Sale
Corporate - LLC
Divorce
Employment
Identity Theft
Internet Technology
Landlord Tenant
Living Wills
Name Change
Power of Attorney
Real Estate
Small Estates
Wills
All Forms
Forms A-Z
Form Library
Customer Service
Terms of Service
DMCA Policy
About Us
Blog
Affiliates
Contact Us
Privacy Notice
Delete My Account
Site Map
All Forms
Search all Forms
Industries
Forms in Spanish
Localized Forms
Legal Guides
Real Estate Handbook
All Guides
Prepared for You
Notarize
Incorporation services
Our Customers
For Consumers
For Small Business
For Attorneys
Our Sites
US Legal Forms
USLegal
FormsPass
pdfFiller
signNow
airSlate workflows
DocHub
Instapage
Social Media
Call us now toll free:
1-877-389-0141
As seen in:
  • USA Today logo picture
  • CBC News logo picture
  • LA Times logo picture
  • The Washington Post logo picture
  • AP logo picture
  • Forbes logo picture
© Copyright 1997-2025
airSlate Legal Forms, Inc.
3720 Flowood Dr, Flowood, Mississippi 39232