What is a Loan Trust?
A Loan Trust is a type of trust that is used to obtain a loan by using the assets in the trust as collateral. The trust can be set up so that the assets can be used to secure a loan, and the loan proceeds can be used for a variety of purposes, such as purchasing real estate, investing in a business, or paying for college education. The trust can also be structured so that the assets in the trust are protected from creditors and lawsuits. A loan trust can be a useful tool for obtaining financing without having to put personal assets at risk.