This should addrss any asset protection issue, if one or both are properly maintained, best defense is insurance.To know if you need an LLC, consult your attorney and accountant, it will provide benefits for expenses instead of showing your personal computer isn't used exclusively for business, unless you have a real business, better to defend deductions IMO.

So a form of defensive investing for a bad time would be to 1031 and purchase two properties - purchase one for cash and purchase one with maximum leverage. 

People are quick to come to your defense based on your testimony, so I wanted to provide mine as well.

Are the defense costs included (do the policy limits erode through payment of defense costs or not)? 

I completed the Department of Defenses Boots to Business course and I am currently enrolled in the Boots to Business Revenue Readiness course to help me learn how to write a business plan.

J Scott,I can see how my post could be portrayed as a defense of gun ownership...That is not my point.

It's like the D.A. vs the defense attorney: the defense tries to poke holes in the prosecutor's theories and if that can be done virtually at all, then the case doesn't have enough merit to send someone to jail.

My experience:2 days FULL of valuble information from extraordinary, experienced, successful speakers who were also very personable and participated in networking.An exceptional caliber of attendees that made networking really exciting.The policy of "no upselling" allowed me to really relax and enjoy the information provided without being defensive and trying to anticipate alterior motives.My "take aways":1.

The gun range if you are renting doesn't want cheap crap ammo running through their guns and messing them up.This is why they require you buy their ammo.You can always try to see which ammo they require and buy that brand before you go in.The smaller ammo is cheaper BUT will also NOT stop an attacker unless you hit vital points whereas a larger caliber bullet will do more damage even if you don't have a direct hit to a vital target.So there are tradeoffs.If you don't practice with a gun and use it frequently it is a waste of time buying one.Most avenues you aren't allowed to carry so need to know how to use your body for defense FIRST before going to external weapons.I would get him some knife training as well as that is more prevelant than guns.

You are correct that insurance will always be you first line of defense, but it shouldn't be your only line of defense.