Posted by Wayne-NC on September 02, 2003 at 20:05:09:
Thanks. That is probably the best I could hope for. Between that and the umprella policy I should be protected as best as possible. I am aware of trusts, LLC’s, Corps, etc but each one of them have seperate problems and expense. For example, banks don’t like to lend to trusts or corps without better terms for them. Transfering title can raise red flags with existing loans and I don’t want to open a can of worms so to speak. My method is probably the most economical with the same amount of protection. As you said nothing is surefire.