esj@ihuxl.UUCP (Natty Dread I) (01/12/84)
My wife and I have a condo which we would like to rent out when we move to a larger place. We figure that selling it would be a losing proposition with the market in its present condition. A few years ago, I spoke with a real estate person who was very much in favor of putting such properties in trust. The arguments he gave were persuasive but I can't remember them. So........ What are the (dis)advantages of putting it in trust? How painful, costly, etc? Who chooses the trustees? Who can be beneficiaries of the trust? TIA. ihnp4!ihuxl!esj