Form LLC or not? - Posted by RP

Re: Need advice. - Posted by Tim Jensen

Posted by Tim Jensen on February 16, 2002 at 06:05:50:

Brent,

I think a land trust is a good idea. I would make it more like a 10% 90% split, just a personal preference. I feel it makes things look a little more ligitimate. Just my opinion.

Also, when you deed the house into trust, in Illinois, you do not need to name the trustee on the deed.

Tim