Which is NOT a benefit of placing real property in a land trust?

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When considering the benefits of placing real property in a land trust, it's important to understand the distinct purposes and functionalities of such trusts.

A land trust is primarily used to provide privacy and ease of management for the property. It can help avoid ancillary probate for non-residents, which is indeed a key advantage as it simplifies the transfer of property upon the owner's death without complicated probate processes in multiple states. Additionally, it can prevent partitioning, which means that if there are multiple beneficiaries or co-owners, the property cannot be easily split up against the wishes of the trust's terms.

Another benefit highlighted is that a land trust can serve as an alternative to an agreement of sale by allowing the transfer of property interests without disclosing the identity of the actual owner in public records, streamlining certain transactions.

However, using a land trust does not automatically facilitate the registration of property in Land Court. Registration in Land Court typically requires specific procedures and is not inherently linked to the existence of a land trust. Therefore, stating that placing property in a land trust allows for registration in Land Court does not accurately reflect the role of land trusts, which is why this is identified as the correct choice for what is NOT a benefit of such a structure.

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