A Land Trust agreement allows you to transfer legal title of your property to Citizens State Bank as trustee while retaining all of the beneficial interest and privileges of property ownership. Citizens State Bank acts only upon the beneficiary’s direction. As property owner, you still retain all rights, such as the right to possession, to collect rent, mortgage the property, homestead exemption, and any other benefit you now have. Property held in a land trust can be designated for transfer of ownership whenever you desire. Your spouse, children or other successors can bypass probate proceedings and can sell or refinance the property without delay. By forming a land trust, your interest in the property remains confidential, and any legal matters that may affect you, do not pass through to the subject property.