E.g. each LLC is owned by an irrevocable trust. 

: "The trustor grants to the beneficiary (me - note holder) an irrevocable option to purchase the property, including all contents except for personal property (chattel), for the sum of ONE DOLLAR ($1.00) upon being offered for sale or upon the death of trustor (borrower's/buyer's name)"2.

The ca attorney says irrevocable trust is the way to go.

Although in 2015 it was placed in an irrevocable trust. 

If the trust is irrevocable, the grantor's creditors, as well as the beneficiary's creditors, cannot reach either the LLC's assets or the trust assets.

Also they may be sympathetic to the tenant and not allow you to throw them on the street with no where to go.We as landlords are not in a good position.If you do get a court date tell the judge about your bills pilling up and how you can't pay the mortgage and that this may cause irrevocable harm when you get foreclosed on or owe extra fees and penalties at best.

The election, by the way, is irrevocable and is not a no-brainer, it could create undesirable side effects.

No multi-millionaire I know holds high dollar amounts in personal accounts or holds other assets individually, use irrevocable trusts or other trust arrangements.

The main benefit to a transactional loan is that the “C” buyers funds are in escrow at the time you fund the A-B transaction and that they are irrevocable for the very short duration of your loan (like literally minutes or a few hours).

There are two types of living trusts: revocable and irrevocable.