Posted by Rich-CA on August 12, 2007 at 20:52:59:
A Living Trust is for probate avoidance, not creditor avoidance. Anything you own, including stock or partnership interests, are on the table for your personl creditors.
Here’s another question - Posted by Connie SoCal
Posted by Connie SoCal on August 11, 2007 at 19:45:40:
How shielded is my Family Living Trust from creditors? Should I move my house into my trust? OR should I form a corporation, put my house into a land trust, and have the corporation hold the trust? Should I do this with an investment property that is in my name?