Will My Trust Shield My Assets From The Claims Of My Creditors? THE TIMELY TOPIC OF MY SEPTEMBER ESTATE PLANNING LAW REPORT
My September newsletter was mailed last week and is now posted at deconcinimcdonald.com. It’s about a question that comes up regularly: will a trust shield your assets from future liabilities?
In the newsletter I also discuss the perennial topic of what assets are exempt from the claims of your creditors under Arizona law. I said under Arizona law because the rules are different in other states.
On a related topic, 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.
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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.