Legal Question in Real Estate Law in New Jersey

Re: Illinois type land trust

I have read Bob's reply, and while I concur, there is more information needed. What is your family situation - married or single, have children or not, what are your concerns beyond those mentioned, and a rough estimate of your njet worth? I have been doing trusts for 40 years and have many clients whose land ownership is held by a trust (Illinois not necessary), for many reasons - asset protection, estate planning, marital concerns, possible Medicaid planning, anonymity, etc. There are benefits and some small pitfalls depending on what is to be accomplished and how it is done. Contact me directly if you want more information.

Re: Illinois type land trust

Your question is pretty clearly part of some larger issue, and it is very VERY likely that you need accurate legal advice before taking any step such as signing and filing any type of document.

Whether this is related to a divorce, or the estate of a relative, or a business partnership which is breaking up, you need some legal advice. It may not be terribly complicated, and should not cost all that much money.

If you do not take my advice, then please do keep my telephone number handy. If it becomes a problem, then instead of spending a couple of hundred dollars on a lawyer ahead of time, you will be paying me (or someone like me) thousands and thousands of dollars to clean up the mess which has been created.

I have been doing this kind of work for quite a while. Please do not let this kind of disaster happen to you. Please do go see a lawyer FIRST.

If you would like, give me a call; I am in Hackensack (northern New Jersey). I will be happy to discuss

this with you; a brief telephone consultation will be free.

My contact information can be obtained from the links below, just click on the Attorney Profile link. Let my secretary know you found me through LawGuru.

Disclaimer: Your question and any response does NOT create an attorney-client relationship between you and this law firm. You can not rely on the statements made by an attorney given over the internet. The exact facts of your situation, including facts which you have not mentioned in your question, may completely change the result for your situation.