The goal of the Salines-Mondello Law Firm, PC is to help families preserve their wealth and protect their loved ones and legacy with estate planning tools.
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No, because a living trust is like a box with the lid completely open. You can put things in and take things out at will. And because you have full access and unfetted control over the box, your creditors are able to access everything that's in the box.
A living trust or a revocable trust is what's called a grantor trust which means that the creator of the trust creates the trust, funds the trust, has the power to amend or revoke the trust and controls all the assets during his lifetime through his death unless he becomes disabled or incapacitated and is unable to manage his assets.
A living trust or a revocable trust is what's called a grantor trust which means that the creator of the trust creates the trust, funds the trust, has the power to amend or revoke the trust and controls all the assets during his lifetime through his death unless he becomes disabled or incapacitated and is unable to manage his assets.
A living trust or a revocable trust is what's called a grantor trust which means that the creator of the trust creates the trust, funds the trust, has the power to amend or revoke the trust and controls all the assets during his lifetime through his death unless he becomes disabled or incapacitated and is unable to manage his assets.