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Barrister
Barrister, Lawyer
Category: Real Estate Law
Satisfied Customers: 33738
Experience:  15 years real estate, Realtor. Landlord 26 years
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Can a credited that acquire a judgement on you attach or

Customer Question

Can a credited that acquire a judgement on you attach or forcloseure on assets held in ones family trust
Submitted: 20 days ago.
Category: Real Estate Law
Expert:  Barrister replied 20 days ago.

Hello and welcome! My name is ***** ***** I am a licensed attorney who will try my very best to help with your situation or get you to someone who can. There may be a slight delay in my responses as I research statutes or ordinances and type out an answer or reply,but rest assured, I am working on your question.

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Can a credited that acquire a judgement on you attach or forcloseure on assets held in ones family trust

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No, because assets in a family trust are owned by the trust itself, not the family member themselves. Most family trusts are irrevocable so as to provide asset protection from creditors. So any judgment against a family member personally can not attach to assets in the trust.

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thanks

Barrister

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