Trust Book by Jay Lashlee Book

Private Transfers

You can avoid publicity and public records by transferring the trust instead of transferring the asset!

This would be similar to changing partners in a partnership, or transferring stock in a corporation, instead of liquidating or selling the asset from the ownership of the organization.

This could mean that there would be no change of "owner", thereby eliminating the need to re-register the vehicle, boat, or airplane, nor modifying the deed on real estate.

It could save transfer fees, title insurance, loss of prepaid license plate fees, escrow fees, and other costs. The trust simply gets modified to be controlled by a new trustee, who then determines the new beneficiaries.

Some other benefits of private transfers and private ownership: