My September newsletter is in the works. I’m going to address an estate planning topic that comes up regularly: will a trust shield your assets from future liabilities?
I’m also going to briefly discuss what assets are, under Arizona law, exempt from the claims of your creditors. Note that I said under Arizona law, because the rules are different in other states.
In the meantime, here is a link to a newsletter I wrote a while back about Arizona law on how one particular type of property, your homestead, may be exempt from claims of creditors. I have heard that there’s no limit to the homestead exemption in some states, but that’s not the case in Arizona.
The contents of this blog, this web site, and any writings by me that are linked here, are all my personal commentary. None of it is intended to be legal advice for your situation.