The Estate & Asset Protection Law Firm Owner, Shannon Pawley, Speaks To The Important Role Land Trust Have In Preserving Natural Areas, Wildlife And Plant Habitat In Georgia.
The Estate & Asset Protection Law Firm Owner, Shannon Pawley, explains what land trusts are, the most common types of land trusts, and why landowners would want to have real estate assets in a land trust.
DECATUR, GA, July ••, 2023: Shannon Pawley, Owner of The Estate & Asset Protection Law Firm, has posted a new blog on the law firm’s website entitled “What Is A Land Trust And Why Would You Want One In Georgia.” Ms. Pawley encourages anyone considering a land trust to make sure they enter into the appropriate type and that everything is “airtight.”
Pawley explains, “A land trust is a legal entity that assumes control over property and other real estate assets.” She continues, “Most people put their land in trusts to either protect the land itself from things such as overdevelopment or pollution, or to protect themselves from the risks or liabilities that come with owning valuable property. With that in mind,” she states, “it is easy to see the inherent value of land trusts.”
According to Pawley, “As a living trust, which is generally revocable, meaning the terms of the trust can be changed or terminated at any time, land trusts are only associated with real estate. The most common types of land trusts are title-holding land trusts, conservation land trusts, and community land trusts.” She adds, “The types of assets a land trust can own include physical property (homes, commercial buildings, and plots of land), property notes, and mortgages.”
The entire blog can be read at LINK HERE
About The Estate & Asset Protection Law Firm
The Estate & Asset Protection Law Firm was established to serve the legal needs of retiring citizens. The Firm focuses its entire practice on providing strategies to protect independence, privacy, assets and taxes from the government. Shannon Pawley has grown her law practice by providing excellent customer satisfaction with personalized wealth protection plans.
About Shannon M. Pawley, J.D., LL.M
As the owner of The Estate & Asset Protection Law Firm, Shannon M. Pawley and her entire team share a passion which focuses on being able to serve the legal needs of retiring individuals. In our firm, WE BELIEVE that people should not have to lose everything they’ve worked a lifetime to earn and that every person is an individual who deserves respect and the highest quality of life possible, regardless of age or ability. We also believe that privacy and protection are the keys to personal peace. Born and raised in the Tidewater area of Virginia to a tightknit family with strong military service roots, Shannon learned from an early age the value of hard work and the importance of social awareness to ensure you always leave a situation in a better place than how you entered it. In her junior year of high school, Shannon served as U.S. House of Representatives Page during the 101st United States Congressional Session in Washington, D.C. This experience exposed her to numerous new cultures and worldly issues. Walking away from her experience as a U.S. House of Representative Page, Shannon knew that she wanted to pursue legal studies and be able to assist others in obtaining the best results available in difficult situations.
Shannon earned her undergraduate degree at North Carolina Wesleyan College and pursued a law degree from Michigan State University College of Law. After obtaining her law degree and becoming a licensed attorney in Michigan, she continued her educational pursuit by acquiring a LL.M. (Master of Law) in Taxation from Wayne State University. After moving to Georgia in 2018, Shannon obtained her Georgia law license and has enjoyed being able to pursue her desire of ensuring persons are able to age with dignity, grace and independence.