Asset protection help

[Russell Hanson]

I currently have three properties in the Pensacola, FL area and purchased them under my own name. I have heard how placing each property into an operating LLC and then putting those LLC's into a holding LLC in NV or WY could provide adequate protection. Would this trigger the mortgage company to exercise the due on demand clause? Would it be suitable to set up another one for personal assets? I don't have a ton of stuff, but want to protect what I do have.

Anyone have an experience with something like that or the above asset protection companies? I heard them both on "Passive Real Estate Investing with Marco Santarelli" and I'm curious about the fees and quality of their work. I would love to hear anyone's experiences. Has anyone ever used them and been subject to litigation? Every asset protection plan is bulletproof until you're sued.

PM's are cool, but this is a learning forum so anything that could be posted publicly could help everyone.

Thanks

[Dennis M.]

i would much rather hide my assets in land trusts with the beneficiary being my llc and a trusted family member being the trustee . Way more protection than just these silly llc strategies people come up with . In a land trust it is not even filed and recorded . No one even truly can find out who owns the place because that info is in my filing cabinet in my closet at home