My question involves real estate located in the State of: Florida
We are trying to close on a ssm ministry house to help couples in need. We tried to put the new home in our ministry. The title company refused to place the grantees name as the ssm ministry and suggest we do the purchase in a trust
We worked on our trust documents which they accepted after we turned in our trust documents and all was fine until the closing. They wanted to add out name as the minister as the grantee. The entire purpose we wanted to put it in the ministry name in the first place was to hide our names due to what we do. We help people in need. For example a couples home burned to the ground. The ministry bought them a new home. We did not want anyone’s name associated with the purchase so people had no clue who actually was involved besides the ministry or trust. The main reason was we did not want people harassing the individuals and beg for money or a hand out.
is there any law that states the grantees must be an individual or person or can we place it in a trust or ministry name with no names associated to it? We have our federal EIN established.