Is My Trust Protected if the Trustee Gets Sued for My Debts?
November 15, 2021
Question: If I have an irrevocable trust and my trustee gets sued can my creditors attach my trust? Response: Probably not, but it depends on
Question: If I have an irrevocable trust and my trustee gets sued can my creditors attach my trust? Response: Probably not, but it depends on
Question: We are in a half-century long loving and trusting (but not legally joined) partnership and are finding our end of life planning especially challenging.
Question: I have a 20-year-old daughter who goes through money pretty quickly. I have decided I can’t lay $1-1.5 million on her at age 21-23.
Historically, trusts have always had three roles: grantor (also called the settlor), trustee, and beneficiary. The grantor creates the trust. The trustee manages it under
Question: I am being sued for defamation. If I lose, is there any way to protect my assets? I own a 49% interest in a
Question: My friend (Mark) is the joint owner of a vacant land lot with his father. Mark was recently given a state prison term for
Question: What is a Trust Protector and how do they work? Are there advantages and disadvantages in setting one in place? Response: A “trust protector”
Question: Many of the suggestions you give to protect seniors from fraud involve children—children as co-trustees of revocable trusts, as joint account holders, etc. What
Question: My mom is going to transfer the deed of her house to my name only, but she would like some kind of agreement that
Question: My 86-year-old mother has a life estate for her Massachusetts property which was created in 2011. My brother and I are listed as grantees