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Updated over 7 years ago, 06/15/2017
Best way shield properties from Outside Liability? North Carolina
Hello,
What would be the best way to shield one's investment properties from OUTSIDE liabilities? For example: Someone decides to sue me because I injured them during a flag football game (this is completely fictitious FYI).
In this scenario, my worry is that someone might try to sue me, realize that I own multiple real estate properties, and try to essentially drain all of my money and force me to sell said properties.
What is the best way to mitigate this? LLC, Trusts, something else. I live in North Carolina if that matters.