The Land Trust Is Not an Asset Protection Vehicle

Garrett Sutton is one of Robert Kiyosaki's rich dad advisors and his personal asset protection attorney. He seems to prefer using only LLCs for structure where individual LLCs own each property then having a Wyoming LLC again for anonymity as the holding LLC. So you have a parent LLC holding these child LLCs that are very inexpensive to set up and to maintain on an annual basis. Now I personally like Garrett Sutton's model it's really what I use but that doesn't mean I don't like and wouldn't use the other structure with the series LLC and land trust.