Updated almost 4 years ago on . Most recent reply
Asset protection LLCs/Trust
I'm looking to make sure my LLC's are protected. I own multiple properties all have their own LLC's. But I heard someone mention that I should then own all those LLC's under another LLC and then perhaps a trust owning that LLC. Anybody know anything about that? or can you recommend an attorney who can help me? Thanks!
Most Popular Reply
You are smarter than most owning each property under their own LLC. You are well protected as is, you could for other layer of protection own those LLC's under a new LLC, I don't think the trust on top of the parent LLC is necessary though.