Q. Should we be the buyer and the trustee on a short sale?


Someone told us it was conflict of interest.


A. It is not a conflict of interest. The trustee is technically the buyer when a trust buys a property.


The buyer should be YOUR NAME, as agent. You are acting as an agent for the trust that is buying the property.


You can be the trustee but that defeats the asset and estate planning benefits of the land trust. If you are the trustee, your name will still show up on public record. Find some one you trust and ask them to be the trustee.