Legal Question in Wills and Trusts in California
proprerty in trsus protected from laswuits
If all my assets are in a trust and I am sued, can the trust itself be sued or are my assets in the trust protected from a lawuit?
Asked on 6/05/07, 6:54 pm
1 Answer from Attorneys
Donald Field
Donald L. Field, Jr., Attorney at Law
Re: proprerty in trsus protected from laswuits
not unless it is an irrevocable trust (you have transferred all of your assets to someone else). for more information on asset protection strategies see:
http://www.taxrights.com/assetprotection.htm
Answered on 6/08/07, 12:40 pm