Asset Protection

[Sarah Jones]

I own two houses, one is rental and one I live in. I hit a girl on a bike 6 months ago. She got a lawyer and the lawyer at first wrote a letter to my insurance company saying they will accept the policy limit, but after we told her the policy was $15k, she now says she will not accept. She is asking $200k which is redicolous. She is fine. She had knee surgury before and she says now becuase of the way the accident happen she needs knee surgery again. There is video at the corner of the stop light that showed the whole accident.

$200k is just ridiocous for a girl that was able to walk and everything.

To cut to the point, I need to know how to protect the two houses. Should I put them in an LLC or trust or what should i do at this point. How can i protect the two houses and how much would it normally cost.

Thanks