@Chase Cline Another idea that I came across in the book "Real Estate Loopholes" by Kennedy and Sutton, says "if you hold real estate in a state with weak or non-existent charging order remedies, you may want to consider using two LLC's for protection." The example has a Nevada LLC hold membership interest in a New York LLC, which holds the real estate. The reasoning is if the person is sued for something unrelated to the property, there is a much stronger argument that Nevada's superior charging orders must apply. Then if a creditor wants to reach the person's membership interest s in the Nevada LLC they will have to use the Nevada courts and fight to obtain a less than desirable (from a creditor's point of view) charging order.
Disclaimer, not an Attorney
