The bank may act as trustee pursuant to a land trust agreement. The agreement delivers title in the property to the bank as trustee and indicates who is authorized to make decisions regarding the property’s ownership, management and disposition. Land trust offers privacy of ownership and the ability to avoid probate.
| Not FDIC Insured | Not Guaranteed By The Bank | Not A Deposit |
| May Go Down In Value | Not Insured By Any Federal Government Agency | |