GCs are pretty notoriously bad at figuring out how long something will take, though sometimes this is because of complications/issues with permitting/the city.

Less competition, more money, more complicated.

But either way, it is linked to your new rental business.Tax consequences in the future can get complicated.

This is all new to EVERYONE - even to the judicial system etc so time will tell and a huge learning curve for the next 3-6 months - we have no idea where this is going and may make me re-think my line of work.......

Trusts can be expensive to set up, difficult to administer, an complicated to defend.

Make sure you have something to protect first before complicating your life with LLC creation and maintenance.

For many people, it just makes it more complicated and a lot of them will wind up not running it properly and will not have the protection they think. it also makes it difficult to get financing.

I know I shouldn't let emotion get in the way of business (which is why he did this without telling me first) but they are both single working class middle age women and to make things more complicated, we also live in the building and one of the tenants watches our cat and takes in our mail when we go away. 

I have complicated transaction and setup.

I'm interested in getting the BP community's view on a somewhat complicated situation my family is in with some commercial real estate holdings they have owned for quite a long time.