Posted by Bud Branstetter on December 27, 2000 at 23:46:11:
Put the title to the property in the land trust. The Beneficiary should then be an LLC. If you want more protection have the wife form an LLC and have Co-beneficiaries. The land trust is transparent to the IRS. You report under the LLC tax return. The income will flow to you personally via a K1. You can have multiple trusts with the same LLC as beneficiary.