Legal Question in Wills and Trusts in Arizona

Survivor Trusts

If you are sued personal and you have all your assets particularly real property in a living trust are those assets protected should you loose in court?


Asked on 7/09/07, 4:53 pm

1 Answer from Attorneys
James Jenkins Jenkins Law Center PLC

Re: Survivor Trusts

You cannot protect yourself only by placing assets in your own trust where you are the trustor. You can protect your beneficiaries from their creditors if the trust is done correctly.

Asset protection is tricky. See an attorney.

Best regards.

Read more
Answered on 7/11/07, 11:16 am


Related Questions & Answers

More Probate, Trusts, Wills & Estates questions and answers in Arizona