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Updated over 11 years ago, 08/22/2013
More protection than an LLC ???
I'm curious what everyone does to protect themselves from lawsuit when investing in rental properties.
I see that just about everyone does an LLC, but looking around on the internet, I also see people talking about things like: Irrevocable trusts, living trusts, and doing your LLC in states like Nevada, Delaware or Wyoming where the laws favor LLC owners.
Does anyone here do anything beyond just an LLC + Umbrella Insurance?
Any advise/recommendations?