Being advised to start an LLC? drawbacks?

[Michael Redmon]

Hello,

Visited a lawyer today to update some wills. He advised we start a trust and also put my 3 rental properties into a LLC.

I see the pro's that he mentions but any con's that I just dont see other than this initial hassle of setting it up?

I am completely debt free with umbrella policy. Not sellling and the looooong term plan is to give them to the kids and they would then receive properties with a stepped up basis (assuming the laws dont change in the future).

Live in Ohio if that makes any difference.

Might add another rental when, if, the market pulls back.

This whole conversation caught me by surprise so I am trying to process it.

I have emailed my insurance agent, property manager, and researched IRS issues (I do my own taxes). 

Thanks!