Legal Question in Wills and Trusts in California
Living Trust
Living Trust� Can I set up a trust for my daughter such that creditors can not garnish it from her. If an old age illness befalls me and debts run up after the trust is established - can creditors garnish the trust I have given her from me� because I have not passed on? Could my other children object and deny her upon my death because it is not part of the will? How much would such cost to do?
1 Answer from Attorneys
Re: Living Trust
Yes. It depends. No. It depends.
Attorneys get paid for their time, no matter how you cut it. So the better you are educated about what you want and why, the less it will cost if you use an attorney's services.
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You may want to log in on my blog on that website or on www.MWRoth.com, and create an RSS Feed on your E-mail system since I will be beginning shortly a 3 month regular post on the topic of asset protection for the middle class.