Eviction

How do I protect my rental properties from eviction lawsuits in my estate plan?

Placing rental properties in a revocable living trust can help separate your personal assets from potential eviction-related lawsuits. The trust becomes the property owner, which may provide some protection for your other assets. Many landlords also explore additional liability insurance and consider holding properties in separate legal entities. Estate planning tools can help structure ownership in ways that better protect your family's overall wealth from potential tenant disputes.