What is a Title Holding Trust?
The California Title Holding Trust, many times called a land trust or blind trust, is an easy and less much expensive strategy to holding legal title to California real estate or personal property. Title Holding Trusts are fully revocable grantor trusts just like your family living trust except that they are designed and drafted specifically to buy, hold and later sell California real property or even personal property on a confidential or private basis. The Title Holding Trust had its beginnings from the Illinois Land Trust that has long been used to hold title to Illinois real estate.
There are numerous reasons for, and benefits of, buying and holding title to real or personal property in a California Title Holding Trust. The most common reason is to acquire and hold real property or even personal property in a confidential or private manner in order to keep the true owner's name out of the public's eye. The real estate or personal property is held by the trustee of the trust and the real owner's name is not mentioned anywhere on the public record.
William L. Exeter
President and Chief Executive Officer
EXETER 1031 Exchange Services, LLC
A Qualified Intermediary (Accommodator) for 1031 Exchanges
EXETER Fiduciary Services, LLC
A Private Professional Fiduciary Services Company
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