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Monday, November 27, 2017. BENEFITS OF PURCHASING A LAND TRUST. A land trust is a legal device for holding any interest in real property in which legal and equitable title is transferred to a Trustee. There are several advantages to holding property in a land trust. Property placed in a land trust may be taxed by that initial transfer, but there are specific provisions in the Internal Revenue Code providing for exceptions. In any event, all subsequent transfers occurrin.
Tap Here To Call Us. NFA Gun Trust Lawyer Blog. Published By Law Office of David M. Choose a State for Specific Articles. There are several type of Title II firearms which are sold by FFL dealers with a Class 3 SOT license. These items are restricted by the National Firearms Act as well as Iowa state law.
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