Structuring LLC + Trust with Partners Who Have Separate (or No) LLCs
I know an LLC is the first layer of defense and a trust can add another layer. Here's my question: if I partner with others, I don't want to add them to my LLC in case there's a falling out. Instead, they'd have their own LLC (or possibly no LLC at all).
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If we both bring our own LLCs into a deal, how does a trust work on top of that? Do we each create our own trust tied to our LLCs?
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If I have an LLC but my partner doesn't, can we both still be added to a trust?
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Can I list my LLC in the trust instead of myself personally?
Curious how others on here have structured this in real-world deals.