The Rise of LLCs and Trusts in Bay Area Home Purchases.

Nearly 75% of home purchases in Atherton, California, one of the wealthiest areas in the US, were completed through trusts or LLCs, according to data from real estate website Redfin. The trend of using trusts or LLCs to buy homes is becoming increasingly popular among America's wealthiest homebuyers, as it simplifies the inheritance process and provides extra privacy. Using trusts or LLCs can also provide other protections when buying a home you intend to live in yourself and keep within your family.