holding Land Trust” in general?
No (not by any means) As a matter-of-fact, in most states where the title holding land trust is not statutory, were one to interview 100 attorneys, perhaps twenty-five or thirty might be familiar with, and closely accustomed to working with trusts in general; then of those, maybe only one might be reasonably well versed in the specifics and subtleties of “title-holding” land trusts: then out of a hundred of those, you might find one who has ever heard of the PACTrust™ or a Square1 Trust. As mentioned in a preceding question, that which invariably happens is that an uninformed attorney will strongly advise (if not insist upon) forgoing the myriad safety features and protections of the Square1 Trust in favor of doing something he or she better understands, and for which they can charge more (LLC, Lease Option, Wraps, Contracts for Deed, etc.): precisely the very creative financing schemes from which the Square1 Trust was designed to protect you.
