It's great until a lawsuit hits and will not provide too much protection. Without knowing what state you're in there are some limitations on commentary but there is no good law on how an LLC will be respected in many instances. Further, a revocable living trust is tantamount to the person (non-different) and a hot litigation knife will go through it like butter. You should have used another type of trust just to tighten this program up. Lastly, if you live in a community property state it could affect this plan as well.