Anyone or any entity can be the beneficiary of the land trust, including persons, corporations, partnerships, limited partnerships, limited liability companies and other trusts such as a living trust. The resident agent is the authorized agent for service of process in the State of Nevada. Service of a summons and complaint against the corporation can be made on the resident agent. At the end of each year the LLC files a return with the IRS showing how much the profits or losses are and who the members are that get the credit for the losses or owe the taxes for the profits. The LLC does not pay taxes. As a sole proprietor, all of the net income from your business must be treated as personal income. This means that every dollar you earn is subject to employment taxes and income taxes. The Nevada State Corporate Network can help you incorporate, setup a sole proprietorship, plan your estate, setup a land trust and help with tax strategies and asset protection. Nevada State Corporate Network can help with estate planning services, pre paid legal services, tax strategies, tax reduction strategies and we can help you incorporate in Nevada. If you need to setup a real estate investment trust, for an llc, form a corporation, incorporate in Nevada or check out legal corporate deductions, give Nevada State Corporate Network a call. Nevada State Corporate Network NSCN is a Full-Service Incorporating, Consulting, Business and Asset Management firm providing creative turn-key solutions for today's complex Tax, Privacy and Asset Protection issues. You can get a living trst, wills and trust, a revocable trust, land trust, california living trust and ever pre paid legal service from Nevada State Corporate Network. Since a person has the right under federal law to transfer his real estate into a land trust without violating the due on sale clause and he can transfer his beneficial interest to a purchaser without recording anything, that person can sell his property subject to the mortgage without the bank finding out about the sale. Clients have used their Nevada corporations and corporate bases to their advantage in many interesting ways, especially those who have corporations in other states and are losing from 3 to 12% of their income to state corporate taxes. In today's society, a properly structured estate plan is more than just a plan to avoid probate. An estate plan is now used to preserve wealth while a person is alive, prevent lawsuits, provide privacy for the owners of the plan, reduce taxes and lastly to avoid probate. NSCN will prepare, execute and file the articles of incorporation, certificates of limited partnership and articles of organization (for limited liability companies) with the Secretary of State.

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