Trust-LLC vs Nothing

[Brandy Phillip]

My Husband and I went to speak to an attorney today to ask about establishing a Land Trust. We have heard so much about setting up a Land Trust to not only provide protection for our assets but also be able to move our existing homes under the LLC without triggering the "due sale clause".

The attorney recommended doing nothing but increasing our insurance. He said that even having a LLC was a waste of money. So we are open to recommendation on what is the best approach to protecting our personal assets, moving our properties to be owned by our LLC, and protecting our properties.

We currently have two properties (deeded to us), closing on two properties (the LLC was established this year so we don't have a long credit history), we are going to purchase an additional property before the end of the year as well. We have a business account opened under the LLC's name.

Please advise with specifics so we can make an informed decision.

Phillip Crew