Using Land Trusts to Keep Your Property Ownership a Secret by Dean Dretske What is a Land Trust? A Land Trust is an instrument used to separate ownership of property into two parts � control and benefits. There are generally three parties (sometimes 4 � which I will talk about later) which are described by the Trust � the Grantor, the Trustee and the Beneficiary.GrantorThe Grantor is the party that transferred the property into the Trust. The transfer can be at the time of purchase or at anytime during the life of the ownership. When the Grantor deeds the property to the Trust, they no longer have any control nor do they derive any benefit from the property � these aspects of ownership pass to the Trustee and Beneficiary respectively.TrusteeThe Trustee controls the assets of the Trust. Usually, the Trustee is given this control with severe restrictions on when they can exercise this control. Specifically, the Trustee is usually given the ability to deed the property from th ... Read more »