Asset protection: LLC or Business Trust?

[Salvatore Spano]

I have recently seen a post about forming a business trust to protect your assets, I thought that everybody was going for an LLC. I am still not sure what the differences are, and, most importantly, if I should set up the trust (or the LLC) BEFORE the purchase, and not after.

Also, I know that you can set up an LLC online, what about a business trust? Does anyone have any information?

Thank you in advance for your input.