The Trust Protection Myth: Your Revocable Trust Protects Against Lawsuits from Austin Estate Planning Lawyer Liz Nielsen

Trust protection myth from Austin estate planning attorney Liz Nielsen

Many people believe that once they set up a revocable living trust and transfer assets into the trust, those assets are protected from lawsuits. This is absolutely not true.  While Trusts commonly provide asset protection for beneficiaries, few trusts protect assets owned by the person who created the trust. No Immediate Asset Protection?  Why Should […]