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irrevocable trust

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BenLoe

Guest
If my home is in an irrevocable trust for my minor son, is it protected against any future possible litigations and/or judgements against me
 


ALawyer

Senior Member
It should be, if the trust was properly drawn and executed and designed to accomplish that objective, it was not drawn in an effort to defraud then current creditors, the deed was properly prepared and filed, the trust is properly operated, you have no attachable rights personally, and the trust was not party to any agreement or misconduct giving rise to the liability.

BUT there are so many cautions and qualifications, if I were you, I'd get a Utah lawyer to review the facts and papers to be sure.
 

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