pros and cons
What is it that you want answered. Your post is like asking , “How high is up?”
The short answer…
A Life Estate is an Estate Planning tool. A Land Trust is an Asset Protection tool.
Both will transfer the interest of a property to a remainderman, or a beneficiary, respectively, without going through probate court.
Pros and cons will depend on the individual transferors’ situation and state of residence.
Alexander Burnett
theRealMentor
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