REI Wealth Monthly Issue 04 | Page 28

LAND TRUSTS…STILL A GOOD IDEA? BILL WALSTON Discourages Litigation. Let’s face it, people tend to only sue others who appear to have money. Attorneys who work on contingency are only likely to take cases which they can not only win, but collect, since their fee is based on collection. If your properties are hard to find, you will appear “broke” and less worth suing. Even if a potential plaintiff th [???[?B?]?H\??]?HY??X?[???X???[?[??[?]X?[??\?H\??]??[\???\?Y?H]Y?][?Y?Z[??[?K?????X?????H?H?Z[\???[?[?HZ?H]H?H??\?H[?H?Y[??\??&\?\????X][? ?JK[?H?X??YH\???[HXX?H??[?Y\?[?\??\??Y[??\?YX[??Y?[?H?^HH???[??[?\????[YH[?H\????X][?\??\??\?[?[[?[??YK^H?[?X?HHY[??H??\?H[? ???YH[?B?T???SH??H?Y?][?H??&]Z?H]H[?[?\???[YH[?[??K?][??XYZ?H]H[?H[??\??]H?\?]?[? [?\?H??\?JH?[?HB???H?X??\??H??H?Y[??\??&\?\????X][??&\?X?????\??Y\???^[\X?][???H[??\?\?H8?'\?Y?\?Y8?'H[?]H??^\???\??X?YX[??]]\????X???^?Y?HHT??\??Z[???\\?]H???H]???\???^\???\?\?Y??K???\\?]H^?]\???YY???H??\]Y???[??\? ?[?[??X?[???[?????Y??H\???[^?]\???H?[?????\?H[??\???Z]X?H?\???X]H??]?\?H?X[\?]H?[??X?[??X???][H?? ????] \?[?H?[??YK\?H\?HX[?H?X]]?H[?Y??X?]?H\?\???H[??\? [Z]Y?H?H[?\??[XY?[?][?B???]?H[?H\?Y[??\??[?[?\??X[\?]H[??\?[????]Y?Y\??x?&Y?H?X\?[?\?^\?Y[??\??)???]8?&\??X?H] [?H[???H?YH?\????\X\??]?H[?^K???