Certain trusts are protected from lawsuits, and more specifically, it’s the assets that are protected. But not all trusts can protect you from a court judgment.
One of the most common types of trusts is a revocable living trust, and those are not safe from judgments against you.
Colin Ley is an asset protection attorney and the creator of the PREP Trust®. He is also the co-founder of LayRoots (along with with partner in life & business – Shreya Ley)
Want to protect yourself from stupid lawsuits? Let’s talk about your asset protection strategy: book a free initial consult