Should I Create a Trust or LLC?

[Marie C. SaintVil]

I'm thinking about creating a trust to place investment properties in. Besides, my personal property, I currently own 1 investment property and working on acquiring a duplex before November. I'm considering creating a trust for 2 reasons:
1. Asset protection (i.e. if someone tries to sue me) 
2. Eventually, pass on all my assets to my heir without the probate process
Is a trust the best route to go or should I just create an LLC??

[Ashish Acharya]

Originally posted by @Marie C. SaintVil:

I'm thinking about creating a trust to place investment properties in. Besides, my personal property, I currently own 1 investment property and working on acquiring a duplex before November. I'm considering creating a trust for 2 reasons:
1. Asset protection (i.e. if someone tries to sue me) 
2. Eventually, pass on all my assets to my heir without the probate process
Is a trust the best route to go or should I just create an LLC??

Please talk to the professionals. You do not need a trust to avoid the probate process. And, there are 100 other ways to achieve asset protection. 

You very well might need a trust, but it is expensive and time-consuming so be 100% sure you actually need it.