Tag - trustees

11Aug

More about Trustees

By Jeffery S. Watson My prior email on “Trusting Your Trustee” generated a lot of feedback, so I want to give you more information and clarity. One of the questions I was asked is, “Do trustees get a nominal fee for handling this type of fiduciary duty?” The answer is yes, a trustee should be paid a reasonable fee for their fiduciary duty and...

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11Aug

Trusting Your Trustee

By Jeffery S. Watson Many real estate investors consistently use what I call a “grantor revocable title holding trust”, which is a more accurate term than “land trust”, to take and hold title to a piece of real estate they buy for investment purposes. Such trusts can be used whether the property is being held as a long-term rental or being bought...

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