If you decide to proceed with implementing asset protection, you should have an asset holding entity (an LLC or better, since you are in Texas, a Series-LLC) (eventually with a land trust as a layer of anonymity) and an operations entity (an LLC that is the public facing entity that handles the repairs, hiring contractors, dealing with tenants and property management, etc.).3.

The Land Trust idea seemed to be a good one to keep yourself anonymous and reduce the risk of being sued or having anyone figure out your net worth. 

You see, it’s easy to state whatever you want when you hide behind anonymity.

Wealth transfer, eliminate probate, anonymity, asset protection, etc.

Nevada is used for anonymity and geographic distance.

If you want to be removed and anonymous, maybe come up with another idea.

I’ve only heard it’s advantage is anonymity.

I would prefer to be anonymous.

You still have the anonymity and no yearly filing fee.

@Marco RenzaIf your FL LLC are member managed and the WY LLC is the sole member, then the WY LLC make the decision for the FL LLC and will sign as member.If your FL LLC is manager managed then the member of the FL LLC can decide who is the manager.As long as both your FL and WY LLC are setup correctly, who managed the FL LLC would not change your liability protection as long as you are following your operating agreement.If for anonymity reason you don’t want to sign in recorded documents with the full chain of ownership, you can also create officer position in your operating agreement and have that officer sign the documents.