If you own a home in Washington State and want to protect it, avoid probate, plan for your family, or organize your assets, you may be wondering whether you should transfer your home to an LLC or a living trust.

Both options can be useful, but they serve different purposes. An LLC is usually used for business, rental, or investment property planning. A living trust is usually used for estate planning, probate avoidance, and incapacity planning. Using the wrong structure can create tax issues, mortgage problems, title complications, or estate planning mistakes.