Land trust vs umbrella policy for a property held in my name
I own a vacation rental property that I had to quit claim out of my LLC into my name when I did a cash out refinance. So for asset protection & anonymity, I'm considering transferring the property into a land trust. Here's the 3 scenarios I'm considering:
1 Is the anonymity protection a lost cause at this point since ownership has already been exposed and title is now in my name since the refi?
2 Regardless of loss of anonymity, is it still worth transferring into a land trust for asset protection and especially since it is a vacation rental and I need protection against liability?
3 Would an umbrella policy be sufficient without the land trust and provide me with the protection & liability coverage? As a side note: there's significant equity in the property.