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Washington and Lee Law R eview Volume 30 | Issue 1 Article 4 3-1-1973 The Virginia Land Tr st-An Overlooked Title Holding Device for Investment, B siness and Estate Planning Purposes Peter A. Arntson Follow this and additional works at : /wlulr Part of the Estates and Trusts Commons, and the Property Law and Real Estate Commons Recommended Citation Peter A. Arntson, The Virg inia Land Trust-An O erlooked Title Holding D e ice for In estment, Business and Estate Planning P urp oses, 30 Wash. Lee L. Rev. 73 (1973), /wlulr/vol30/iss1/4 This Article is brought to you for free and open access y the Law School Journals at Washington Lee University School of Law Scholarly Commons. It has been accepted for inclusion in Washington and Lee Law R eview y an authorized administrator of Washington Lee University School of Law Scholarly Commons. For more information, please contact osbornecl@. THE VIRGINIA LAND TRUST-AN OVERLOOKED TITLE HOLDING DEVICE FOR INVESTMENT, BUSINESS AND ESTATE PLANNING PURPOSES PETER A. ARNTSON* Ten years ago, the General Assembly by statute validated the Illinois Land Trust in Virginia. As might be expected following the introduction of any new method of holding title to real estate, it met with mixed reactions. The land trust was welcomed by the banks and trust companies which hoped that it would quickly become accepted as a method of syndication.2 Almost immediately, possible legal problems were raised which naturally hindered its growth; 3 probably as a result