Good advice in this thread.
I always recommend sitting down with your estate planner and CPA for these issues. Laws vary from state to state. In addition, we here do not know all of your asset or financial situation so it is best to have a discussion with someone that does.
READ THE FULL DISCUSSION HERE: http://www.biggerpockets.com/forums/12/topics/90873-does-what-state-you-form-a-llc-matter?page=1#p564496