One trust, or Many? To trust once or often
We are flipping houses in Alaska now, but will be investing in rentals soon. Looking forward to that, I am interested in asset protection. The whole purpose of investing in rentals is secure income - I don't want someone suing my company and getting all my rentals.
I know that a Land Trust is handy for this, and doesn't trigger the bank's call clause. But a trust can be broken up, and a lawyer might put in the effort if we have several million in property in there. So would it be better/ worth it to set up a trust for each long term property? Then the spoils of lawsuit are smaller, and only one property can be taken/ liened/ claimed on at once.