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Simple, inexpensive process provides privacy protection

A land trust is a legal agreement in which a property owner (or group of owners) transfers a property title to a trustee, but retains the freedom to develop, rent and sell the property. First American Bank can help you set up a trust that, among other advantages, allows the identity of property owners to remain private, the probate process to be avoided, and land ownership to be easily transferred. Currently, First American Bank offers land trust services through our Illinois land trust office only.

Land Trust Forms
Successor Land Trustee

Successor trustees take over if the initially designated trustee can no longer carry out their responsibilities. First American Bank serves as successor land trustee to the following:

  • First American Bank of Dundee
  • First American Bank of Kane County
  • First American Bank of Riverside
  • First American Bank of Will County
  • First Bank of Dundee
  • First Bank of Meadowview
  • FirstMerit Bank, N.A.
  • Louis Joliet Bank and Trust Company
  • Midwest Bank and Trust Company
  • Midwest Trust Services, Inc.
  • Old Orchard Bank and Trust Company
  • Riverside National Bank
  • Royal American Bank
Disclosures

Not FDIC Insured | Not Bank Guaranteed | May Lose Value | Not Guaranteed by Any Government Agency | Not a Bank Deposit