Legal Question in Wills and Trusts in Texas

Trust Law....

if I have a 10% interest in a trust

that is being sued in the state of

Texas, am I personally liable for 10%

of the suit?


Asked on 8/16/07, 1:05 am

2 Answers from Attorneys
Phillip Lemmons, Esq. Phillip Lemmons APC, Attorneys at Law

Re: Trust Law....

If the trust loses, then I guess you'll have 10% of a smaller pie.

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Answered on 8/19/07, 2:36 am
Mitchell Roth MW Roth, Professional Law Corporation

Re: Trust Law....

No.

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Answered on 8/16/07, 1:26 am


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