I like the Texas series statute and believe it has only one real purpose and that is to hold real estate investments. If there is a risk in the series is that it hasn't been tested in the courts but the statute is very clear and our courts have always favored the asset protection given to us through statutes.
I have set up more than 50 and will continue to do so. I do ask that the client visit with their insurance agent before they form them, just to make sure they can obtain proper insurance coverage.
Finally, asset protection never comes to just one decision, it is a combination of many strategies, with the series being one.
