Trusts of Land

A Trust of Land is a legal arrangement where one or more people hold ownership of land or property on behalf of others. It typically involves a property owner (the legal owner) holding the title for the benefit of one or more beneficiaries, who have equitable rights. This setup allows for clear management and transfer of property rights, often used in family arrangements or joint ownership scenarios. The legal owner manages the property, but the beneficiaries have a right to benefit from it or receive it when certain conditions are met.