CA Asset Protection Using WY LLC and Land Trust

[Caleb Vislisel]

Hi,

I'm looking for an opinion from those who have tried to create an efficient and optimized legal structure. I have a 3 unit house hack in CA, and talked to a company about how to protect it in case of a lawsuit. I was recommended to create a WY LLC, then put the property in a real estate trust, and hold the trust in the LLC. Then I also foreign filed the WY LLC in CA. I was told this would give me maximum legal protection.

Does this sound right, or does it seem redundant? Word seems to be conflicting out there on if using the WY LLC actually protects me better than if I just had a CA LLC. Since the WY LLC is foreign filed in CA, I'm not sure if I would be protected by WY court system, or if CA would be able to overrule that.

Again I’m not looking only for qualified legal advice, I just want to learn more and better understand if this plan makes sense, or if I was being told all this just so the company can make more money as a Registered Agent.