Blue Madeira Health Gluco Burn - We never want the Beneficiary listed in the county record, so we don’t file the Trust documents with the county. They should not demand them, but if we give them, they will record them. Remember that anything recorded is available to the public.Additionally, our Trust document directs the Trustee to never reveal the identity of the Beneficiary without a court order.
The continuity is also a result of the county’s method of recording ownership. Since the property is owned by the Trust, the Trustee and Beneficiary can be changed without going back to change the listing in the public record. This can be used to mask the transfer of property from one Beneficiary to another.We use the rule of 1 property per Trust. This makes it harder to figure out how many properties are owned by the Beneficiary.
For example, let’s say that Tulsa House Buyers, LLC acquires 123 Main St. When we do this, we will take title in a new Trust called ‘123 Main St Tulsa Trust’. We will assign the Trustee role to either an attorney or to a corporate Trustee (some banks do this for a fee). The Beneficiary will be Tulsa House Buyers, LLC.Whenever anybody in the public wants to find the owner of 123 Main St.
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