Colorado Lawyer William Bronchick Launches New Website Aimed At Educating Public On Land Trusts
Colorado lawyer William Bronchick launches new website aimed at educating public on land trusts, which are title holding trusts designed to protect the identity of owners of real estate.
- (1888PressRelease) September 05, 2012 - A land trust, also know as an "Illinois Land Trust, is gaining popularity in other states such as Colorado. Landlords in particular benefit from using land trusts to keep the indentity of the true owner away from public access.
Land trusts have been used for some 75 years in states like Illinois for the same purpose, but have only gained popularity in a handful of states. Attorney William Bronchick, a real estate investor himself, designed specific trust agreements and forms applicable under Colorado law.
A land trust is a type of living trust specifically designed to hold title to real estate, keeping the beneficiary of the trust (the true owner) away from public recods. Many high-profile people, including Walt Disney, have used land trusts to quietly and privately buy real estate without revealing their identity. With the proliferation of television ads for contingency-free attorneys, property owners (particularly landlords) have become worried about keeping their ownership private. Land trusts are an excellent tool for keeping your real estate ownership away from attorneys, the Government, ex-spouses, and disgruntled employees who can find out where you live.
For more information, visit www.coloradolandtrust.com.
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