I have properties in TX, CO, and CA. I need an opinion about the new law allowing Series LLC’s, which can own many properties, but a suit that is successful against one property does not put at risk other properties owned by the LLC. This law has been passed in NV and some other states. I am interested in asset protection only, not limiting the tax bite. Thanks!
Transferring property with the intent of protection from lawsuits is illegal and the judge will reverse the transfers.