Knoxville, TN asked in Estate Planning for Tennessee

Q: Can I put my property in a land trust for my children?

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1 Lawyer Answer

A: yes, but to be precise- there's not enough information in your question to provide a proper answer. There are always pros and cons to every decision. You don't mention the value of the property ( there might be gift taxes).

You don't explain why you think this is a good idea ( there might be other ways to address those concerns).

The best advise is to consult an experienced estate planner/lawyer.

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