I believe many folks here have lots of asset and want to find an efficient way to protect them against any claims. So far, I noticed two suggestions from internet:
1. Form two LLCs, with one LLC loan money to another LLC to purchase real estate.
2. Equity Reduction Plan
Not sure if anyone here has tried either of the methods above. Will they really work?
1. Form two LLCs, with one LLC loan money to another LLC to purchase real estate.
2. Equity Reduction Plan
Not sure if anyone here has tried either of the methods above. Will they really work?
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