[WSBAPT] Revocable trust anonymity on deed

[Allen Draher]

what I do is name an unrelated co-operating party as the initial trustee and include language in the trust agreement providing that the named trustee is automatically replaced after a date certain and the trustee reverts to the interested party.  Saves from amending trust and possibility of forgetting to do so and having to locate trustee for future conveyances.

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From: wsbapt-bounces at lists.wsbarppt.com [wsbapt-bounces at lists.wsbarppt.com] on behalf of John J. Sullivan [sullaw at comcast.net]
Sent: Tuesday, November 14, 2017 7:26 PM
To: WSBA Probate & Trust Listserv
Subject: Re: [WSBAPT] Revocable trust anonymity on deed

I have one client extremely concerned about privacy. I’ve agreed to serve as the trustee of an RLT holding his condo.

John J. Sullivan

Sent from my iPhone

On Nov 14, 2017, at 2:13 PM, John McCrady <j.mccrady at pstitle.com<mailto:j.mccrady at pstitle.com>> wrote:

A trust is not an entity capable of holding title to real estate, so you must name the trustee as the grantee of the deed. (X as Trustee of the Y trust dated June 5, 2011)
You could name, say, an LLC as the trustee for an added layer of anonymity.


John McCrady
Counsel
Puget Sound Title Company
5350 Orchard Street West
University Place WA 98467
253-476-5721
j.mccrady at pstitle.com<mailto:j.mccrady at pstitle.com>

From: wsbapt-bounces at lists.wsbarppt.com<mailto:wsbapt-bounces at lists.wsbarppt.com> [mailto:wsbapt-bounces at lists.wsbarppt.com] On Behalf Of Christopher Small
Sent: Tuesday, November 14, 2017 1:18 PM
To: wsbapt at lists.wsbarppt.com<mailto:wsbapt at lists.wsbarppt.com>
Subject: [WSBAPT] Revocable trust anonymity on deed

Clients are looking for anonymity with their trust (at least as much as possible).
It is possible to title the deed to property outright to the trust instead of to Joe Trustee, Trustee of the Anonymous Trust?
If not (and even if yes), are there any other strategies you know of to accomplish this?
Thanks in advance!

Christopher Small
CMS Law Firm LLC<http://cmslawfirm.com>
150 Lake St. S., Suite 218
Kirkland, WA 98033
206.659.1512


Legal stuff I have to put in... To ensure compliance with Treasury Department and IRS regulations, we inform you that, unless expressly indicated otherwise, any federal tax advice contained in this communication (including any attachments) is not intended or written by CMS Law Firm LLC to be used, and cannot be used by the taxpayer, for the purpose of: (i) avoiding penalties that may be imposed on the taxpayer under the Internal Revenue Code; or (ii) promoting, marketing, or recommending to another party any transaction or matter addressed herein (or any attachments).
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