SLLC VS REVOCABLE LIVING TRUST

[Antonio Martinez]

I want to protect my assets. What is best an SLLC or a revocable living trust. What is better as far as protection against lawsuits

[Costin I.]

@Antonio Martinez They work together, they are not same or one a replacement for the other. LLC is the one that gives you liability protection, the trust provides a layer of anonymity. Usually, an LLC is paired with a trust.

You are in California, therefore you get special treatment - a SLLC (or regular LLC) might not be the best option for you due to the $800 fee, I think Delaware trusts are the way to go for CA.

But here is a diagram to help you on your quest: