Legal Question in Wills and Trusts in California
Under UFTA, insolvency is a factor, if a settlor transfers property to a trust, what determines insolvency?
Asked on 6/29/10, 6:16 pm
1 Answer from Attorneys
Irrevokability of the trust, coupled with the net assets remaining outside the trust being insufficient to answer for the settlor's debts.
Answered on 6/29/10, 9:50 pm
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