KEN WHEELER JR.

CPRES

Certified Probate Real Estate Specialist

 LAND TRUSTEE NOMINEE

 for Your Real Estate ASSET TEAM

                                    Titling

                                    Estate Planning

                                    Asset Protection

                                    Minimize Tax

FOR 1LessTax ASSET TEAM UPDATES

E-MAIL: ASSET TEAM

PHONE:  1 (941) 363-1375

or 800-333-0801

 

SCHEDULE A FREE CONSULTATION

 WITH KEN WHEELER JR,

PERPETUAL TRUST LEGACY PLANS 1031FEC

RETURN TO 1LessTax.com HOME

GO TO 1LessTax Team SERVICES

Why a Land Trust?

GO TO 1LessTaxAnnuity HOME

 

Each State can have Differing Regulations for Taxation, Estate, & Transfer of Property

 

WHY A LAND TRUST?

 

  • Anonymity (Privacy)

  • Can Avoid Transfer Taxes

  • Can Avoid Due on Sale Clauses

  • Can Avoid Tax Re-assess at sale and closing costs

  • Avoids Your Property Going Thru Probate Court and Expense

  • Judgments do not attach to the property

  • Easier/Safer management when multiple owners

  • Wholesaling and Contract Assignments easier with a Land Trust

  • No Registered agent needed (saves franchise fees)

  • IRS pass-thru non-entity (no tax returns to file)

  • Protection against unhappy tenants

  • Privacy of ownerships helps avoid I.D. theft of your name

  • Helps keep debt off your credit report

  • Repossess, DO NOT foreclose Real Estate sold on installment contract

  • Selling on Lease-Option (the beneficial; interest)

  • Naming your Land Trust (lease signing-avoiding frivolous lawsuits)

  • Best ownership chain contribution

Note: Each state has regulations that may differ for above advantages

Land Trust process (A brief overview that may not be your actual process)

For assistance recommend an experienced professional as a Land Trust & Title Specialist attorneys with experienced Tax & real estate Estate Plan Advisors for complete & multi-state protection.

Land Trust advisor professionals are available for direct service or quality education to self implement.

 

Similar systems utilized for stocks and other assets.

 

 

LAND TRUSTEE NOMINEE

A Land Trustee Nominee is a trustee of a land trust, not the owner or manager of the land trust assets.

A Land Trustee Nominee is a person or firm whose name is titled  to facilitate to work at the legal direction of an Asset Owner while leaving the Asset Owner as the actual or legal owner and in control of the property.

An appointed Land Trustee Nominee can resign or be replaced by the Asset Owner instruction to resign for a new property nominee, or the property is no longer the owner's property.

The Land Trustee Nominee and Asset Team Advisor and the Asset Owner share personal financial and business detail requiring a Confidentiality Agreement.

 

The Land Trustee Nominee and the Asset Owner agree to a "hold harmless" contract agreement plus Nominee instructions.

 

Land Trustee Nominee can advise the Asset Owner of trust communication without Asset owner exposure for privacy.

 

The one page Confidentiality Agreement and one page Land Trustee Hold Harmless Contract with Nominee detail are separate as one may have to prove one legal agreement without both. (a hold harmless agreement is a contract or clause in a contract between two parties that stipulates that one party will not hold the other liable for damages in the event of an injury or other loss)

 

An Asset Owner can utilize a real estate attorney, land trust attorney, land trust service, or real estate land trust educator of preference.

 

1LESSTAX ASSET TEAM

 

HAS YOUR PROFESSIONAL BUSINESS ADVISORS IN A COMMON BUSINESS GROUP

TITLING   *   ESTATE PLANNING  *  ASSET PROTECTION  *  MINIMIZE TAX 

CONVENIENT ORGANIZATION ASSET TEAM

ASSET ADVISOR for TEAM SYNCHRONIZING

FOR

REAL ESTATE ORGANIZATION

BUSINESS CONSULTATION

TITLING & DEEDS

OWNERSHIP CHAIN

LAND TRUST

ESTATE PLANNING

BENEFICIARY TRUSTS

POUR OVER WILL

POWER OF ATTORNEY

TAX ADVISORS

FINANCE

TAX ADVISORS

TAX REVIEW

TAX PREPARATION

LLC FORMATION

BUSINESS FORMATION

OPERATING AGREEMENTS

CORPORATION  FORMATION

ORGANIZATION ARTICLES

BUSINESS ORGANIZATION

BUSINESS CONTINUATION

CHARITABLE OPTIONS

COST SEGREGATION

TAX DEFERRAL

TAX DEDUCTIONS

TAX CREDITS

RECORDS

ZERO DEBT

RECOURSE VS NON-RECOURSE

SERVING MULTIPLE STATES

ASSET TEAM Places Your Business and Personal Organization at One Advisor Group

with Estate, Business and Titling Specialists for Multiple States

WE ARE NOT Financial Planners, Insurance Sales, Real Estate Brokers, Business Brokers or Securities Brokers.  We are Asset Planners

Note

The U.S. states that collect an inheritance tax as of 2022 are IowaKentuckyMarylandNebraskaNew Jersey, and Pennsylvania. Each state has its own laws dictating who is exempt from the tax, who will have to pay it, and how much they'll have to pay. Each owner advised to be aware of inheritance and beneficiary laws in each state, the current estate expense occurring with ownership, and the will or trust to cure in each state.

 

The Asset Team Advisor and Asset Owner share personal financial and business detail requiring a Confidentiality Agreement

 

For a Land Trustee Nominee position a Land Trustee Hold Harmless Agreement plus Nominee instructions is required..

 

 

      Asset Advisor

Ken Wheeler Jr.  CPRES

 

Florida International Business Center

5206 Station Way

Sarasota, FL 34233-3232

------------------------

Office: 941.363.1375

    Mobile Direct: 515.238.9266

National: 800.333.0801 

Fax: 888.898.6009

E-mail Ken   Ken@1LessTax.com

Skype: kenneth.wheeler65

Licensed Real Estate Broker Florida BK3284149 

-----------------------------------

(BEME) Business Entry - Management - Exit Plan

Asset Team Planning

Free Asset Strategy Session

 

DISCLOSURE NOTICE

The information provided herein is stated to be truthful and consistent, in that any liability, in terms of inattention or otherwise, by any usage or abuse of any policies, processes, or directions contained within is the solitary and utter responsibility of the recipient reader. Under no circumstances will any legal responsibility or blame be held against the developer, publisher, or author for any reparation, damages, or monetary loss due to the information herein, either directly or indirectly. Ken Wheeler Jr. recommends that one's consideration of practice or use be counseled by a tax advisor familiar with one's personal financial position, business position, and estate tax position. .

ANNUITY TAXATION

Copyright © 2022 K. B. Wheeler Jr. All rights reserved  Veteran Owned  Double LLC