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Modern Land Trust Practice 2020 Edition

Written by David J. Lanciotti, this comprehensive manual details every aspect of land trusts from the traditional use to the modern consolidations of today.

Land trusts, in some form or another, have been used to acquire, hold, and dispose of real property for centuries. However, the modern titleholding land trust appears to be a development of Illinois lawyers. Even though the land trust is most widely used as a titleholding device in Illinois, a number of other states have recognized the benefits of the land trust arrangement and approved its use by specific statutory enactment. This updated handbook provides you with the information you need to deal with every aspect of land trusts from the traditional use to the modern consolidations of today. The author provides clear best-practice advice, step-by-step procedures, and relevant forms to assist you in your practice.

David J. Lanciotti, Chicago Title Land Trust Company, Chicago

Chapter 1 — Nature and Development of the Illinois Land Trust

Chapter 2 — Land Trust Uses and Purposes

Chapter 3 — Creation of the Land Trust

Chapter 4 — Amendments of the Land Trust Agreement

Chapter 5 — Absolute Assignments of the Beneficial Interest

Chapter 6 — The Beneficial Interest as Collateral

Chapter 7 — Transfers of the Beneficial Interest upon Death

Chapter 8 — Land Trust Transactions

Chapter 9 — Directions to the Trustee

Chapter 10 — Litigation Involving the Land Trust

Handbook
SKU: 20MLTP-H
$165.00
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SKU: 20MLTP-E
$165.00
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Land trusts, in some form or another, have been used to acquire, hold, and dispose of real property for centuries. However, the modern titleholding land trust appears to be a development of Illinois lawyers. Even though the land trust is most widely used as a titleholding device in Illinois, a number of other states have recognized the benefits of the land trust arrangement and approved its use by specific statutory enactment. This updated handbook provides you with the information you need to deal with every aspect of land trusts from the traditional use to the modern consolidations of today. The author provides clear best-practice advice, step-by-step procedures, and relevant forms to assist you in your practice.

David J. Lanciotti, Chicago Title Land Trust Company, Chicago

Chapter 1 — Nature and Development of the Illinois Land Trust

Chapter 2 — Land Trust Uses and Purposes

Chapter 3 — Creation of the Land Trust

Chapter 4 — Amendments of the Land Trust Agreement

Chapter 5 — Absolute Assignments of the Beneficial Interest

Chapter 6 — The Beneficial Interest as Collateral

Chapter 7 — Transfers of the Beneficial Interest upon Death

Chapter 8 — Land Trust Transactions

Chapter 9 — Directions to the Trustee

Chapter 10 — Litigation Involving the Land Trust

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