@Annette Ammarell glad the Lawyer worked out well for you, he is a great attorney and a very nice person!

Hello Keith,What you are doing is quite common among W2 passive investor such as doctors, lawyers, dentist, etc.

I'm not a lawyer, nor am I giving legal advise but, It's not at the courts discretion to decide whether the administrator of the estate estate should have full authority, or not.

I would hire a lawyer to make sure you have your bases covered.

Personal injury lawyers looking to see what assets might be claimed will try to find out what your personal assets are and if you set it up yourself it will be trivial for them to check you out and see if you are worth suing.  

Now, the question is, how do I market to people going into nursing homes or whose parents are dying without looking like an "ambulance chaser" (colloquialism for a sleazeball lawyer that goes to hospitals to convince people to sue for their injuries), haha.

I like the idea of establishing a Trust as a basis for an asset protection/estate planning strategy.If you connect with attorney Mark Kohler of KKOS Lawyers, that the strategy he promotes.

you would need a lawyer to form for you and prepare an operating agreement so you can open a bank account, not an accoutant. 

If you are looking to invest in tax properties, you will eventually need a lawyer familiar with these statutes in the state you invest in.  

Disclaimer: I am not a lawyer and the following below are my interpretation of the law and regulations with partial excerpts.