Posted by Bill Gatten on February 04, 2001 at 14:03:25:
Bud, I know what you meant to say, but just in case someone missed the point.
In a fully funded inter-vivos family trust, you’d be mssing the benefit if your didn’t record it; however in a title-holding Illinois-type inter-vivos real estate trust (land trust) you’d be missing the benefit if you DID record it. A properly drawn land trust will have a Prohibition Against Recordation within it, directing the trustee and all parties that the trust itself is never to be in the public record.
With a lsnd trust, the deed into the trust is recorded, but the trust itself is not.