Trust is something that most people don't know anything about it. It's the most powerful entity I've ever discovered on the planet. And it's something that you need to learn and you need to master. I love being able to pass this on to other folks because of the changes and the benefits that I've gotten from it had been totally amazing. I can't tell you how many testimonials from others that have used my system over the years, been doing this since 1984 so there's an awful lot of experience that's gone with that and teaching others as well over the last 30 years has been very powerful as well.
One of the great things is this thing called land trusts. When I was saying to you before that this is a unique and powerful entity, I really mean that because the land trust remember, is holding real estate. And I said that a land trust is different than other types of trusts. One of the unique things about a land trust is that you can name the trust anything you choose and that it converts real estate into personal property interests. So imagine that with the personal property trust I've been sharing with you over the last few tips, the personal property trust can actually be the beneficiary of the land trust.
That means that now you have a layered trust strategy. If anyone was to ever get through litigation and discover who the beneficiary is of the land trust, guess what they would find? They would find another trust. And if there's a lawsuit, this is you and you're just hanging out behind the trust and you're trying to figure out who the beneficiary of this trust might be. So it gives you some privacy of ownership and it's the most powerful thing. And again, if somebody was to get through the land trust, all they would find is another trust. The paperwork to do this with the step by step process, all of information that you need to be able to create these trusts is available to you.
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