Q: I am the trustee of a living trust. Can a court take the real property in the trust if I have a judgment against me?
I may file bankruptcy. Is the real property in the trust considered my asset? Can it be taken away from me? (I am co-trustee and beneficiary)
A: The answer could go either way depending on the terms of the trust. Have an attorney who understands trusts and asset protection review this trust.
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