Legal Question in Wills and Trusts in Florida
Is your living will and/or trust protected from creditors?
Asked on 10/03/09, 1:01 pm
2 Answers from Attorneys
Alan Wagner
Wagner, McLaughlin & Whittemore P.A.
a trust usually is, but it depends on the details of the arrangements..
Answered on 10/04/09, 11:35 am
Lesly Longa
Longa Law P.A.
A living will is not the same as a legal will. A living will only provides instructions regarding future health care treatment. On the other hand, a legal will provides instructions for the disposal of personal property at death. Property disposed of by will is not protected from creditors. If you would like specific legal advice regarding whether your trust protects your assets from creditors, you should consult with an attorney.
Answered on 10/04/09, 12:19 pm