Land trusts are used extensively in Illinois. There are many uses and purposes for land trusts but the most popular use is for privacy. Ownership of real estate in a land trust can insure privacy since the names of the owners are not public record. Another common use is when a property is owned by multiple people. A land trust can simplify some of the complex issues that arise when multiple people own a property.
If you are interested in establishing a land trust, Attorney Bradford Miller offers a free 15-minute phone consultation.
Posted by Bradford Miller Law, P.C.
Real Estate Law, Landlord Tenant Law, Estate Planning
134 N. LaSalle, Suite 2250
Chicago, IL 60602
312-238-9298
http://www.bradfordmillerlaw.com
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