Legal

Ask a Lawyer and Get Answers to Your Legal Questions

Ask a Lawyer,
Get an Answer ASAP!

Legal

Is Maryland is a dysnat trust state, can it be protected

Customer Question
is Maryland is a dysnat...
is Maryland is a dysnat trust state , can it be protected from creditors
JA: Have the trust documents been finalized? What are the basic terms?
Customer: No I am just being thinking to create one in case I get a law suite
JA: Has anything been filed or reported?
Customer: no
JA: Anything else you want the lawyer to know before I connect you?
Customer: I just want to know if dynast trust is valid the state i just need to know that first before i make my decisionn
Submitted: 3 months ago.Category: Legal
Show More
Show Less
Ask Your Own Legal Question
Answered in 53 minutes by:
8/3/2017
Lawyer: Ely, Counselor at Law replied 3 months ago
Ely
Ely, Counselor at Law
Category: Legal
Satisfied Customers: 102,687
Experience: Private practice with focus on family, criminal, PI, consumer protection, and business consultation.
Verified

Hello and welcome to JustAnswer. Please note: This is general information for educational purposes only and is not legal advice. No specific course of action is proposed herein, and no attorney-client relationship or privilege is formed by speaking to an expert on this site. You may also be offered a phone call, but those don’t come from me and are offered by the website and you are under no obligation to accept.

Maryland is a Dynasty Trust state - correct. Because a Dynasty Trust is irrevocable and removes assets from your ownership technically, it may be used to protect your assets from a judgment leveled against you in the future. In that sense, it can be used to protect your assets from a judgment creditor.

"I STRIVE FOR FIVE!" My goal is to answer your question to your satisfaction. Please rate with five stars (★★★★★) and click SEND. You may need to scroll left/right/up/down to see these stars. Rating my answer the bottom two stars or failing to submit the rating reflects poorly on me, even if my answer is correct. It does not cost anything extra to rate. If you are not satisfied for whatever reason, or, have follow up questions, please simply reply with SEND before or after rating and let's continue to chat until you are satisfied. This is what I am here for.

Ask Your Own Legal Question
Ask Ely Your Own Question
Ely
Ely
Ely, Counselor at Law
Category: Legal
Satisfied Customers: 102,687
102,687 Satisfied Customers
Experience: Private practice with focus on family, criminal, PI, consumer protection, and business consultation.

Ely is online now

A new question is answered every 9 seconds

How JustAnswer works:

  • Ask an ExpertExperts are full of valuable knowledge and are ready to help with any question. Credentials confirmed by a Fortune 500 verification firm.
  • Get a Professional AnswerVia email, text message, or notification as you wait on our site. Ask follow up questions if you need to.
  • 100% Satisfaction GuaranteeRate the answer you receive.

JustAnswer in the News:

Ask-a-doc Web sites: If you've got a quick question, you can try to get an answer from sites that say they have various specialists on hand to give quick answers... Justanswer.com.
JustAnswer.com...has seen a spike since October in legal questions from readers about layoffs, unemployment and severance.
Web sites like justanswer.com/legal
...leave nothing to chance.
Traffic on JustAnswer rose 14 percent...and had nearly 400,000 page views in 30 days...inquiries related to stress, high blood pressure, drinking and heart pain jumped 33 percent.
Tory Johnson, GMA Workplace Contributor, discusses work-from-home jobs, such as JustAnswer in which verified Experts answer people’s questions.
I will tell you that...the things you have to go through to be an Expert are quite rigorous.

What Customers are Saying:

Mr. Kaplun clearly had an exceptional understanding of the issue and was able to explain it concisely. I would recommend JustAnswer to anyone. Great service that lives up to its promises!

Gary B.Edmond, OK

My Expert was fast and seemed to have the answer to my taser question at the tips of her fingers. Communication was excellent. I left feeling confident in her answer.

EricRedwood City, CA

I am very pleased with JustAnswer as a place to go for divorce or criminal law knowledge and insight.

MichaelWichita, KS

PaulMJD helped me with questions I had regarding an urgent legal matter. His answers were excellent.

Three H.Houston, TX

Anne was extremely helpful. Her information put me in the right direction for action that kept me legal, possible saving me a ton of money in the future. Thank you again, Anne!!

ElaineAtlanta, GA

It worked great. I had the facts and I presented them to my ex-landlord and she folded and returned my deposit. The 50 bucks I spent with you solved my problem.

TonyApopka, FL

Not only did he answer my Michigan divorce question but was also able to help me out with it, too. I have since won my legal case on this matter and thank you so much for it.

LeeMichigan

< Previous | Next >

Meet the Experts:

Tina

Tina

Lawyer

8,775 satisfied customers

JD, BBA Over 25 years legal and business experience.

Ely

Ely

Counselor at Law

102,687 satisfied customers

Private practice with focus on family, criminal, PI, consumer protection, and business consultation.

INFOLAWYER

INFOLAWYER

Attorney

20,218 satisfied customers

Licensed attorney helping individuals and businesses

JPEsq

JPEsq

Attorney

2,132 satisfied customers

Experience as general attorney, in house counsel, SSDI, Family Law attorney, and law professor

Law Educator, Esq.

Law Educator, Esq.

Attorney

41,455 satisfied customers

JA Mentor -Attorney Labor/employment, corporate, sports law, admiralty/maritime and civil rights law

Ellen

Ellen

Lawyer, Consultant

8,238 satisfied customers

25 years of experience helping people like you.

Guillermo J. Senmartin, Esq.

Guillermo J. Senmartin, Esq.

Attorney

287 satisfied customers

7+ years of experience handling various legal matters.

< Previous | Next >

Related Legal Questions
I live in a Shared Ownership property which was bought in
I live in a Shared Ownership property which was bought in 2007 along with my now ex wife. We split up shortly after moving here and are divorced now, but it seems the solicitors did not process the re… read more
Joshua
Joshua
Lawyer
LL.B (Hons), Prof. Dip. Law & Pract
14,120 satisfied customers
If I entered into a verbal ownership agreement with a person
if I entered into a verbal ownership agreement with a person to own 50% of my commercial building, but allowed him to use some of my space for four years, how do I get back the legal right to sell my … read more
Legal Eagle
Legal Eagle
Attorney
Doctoral Degree
5,882 satisfied customers
I have a question regarding transfer of ownership of real
I have a question regarding transfer of ownership of real estate in Minnesota. … read more
Michael Bradley
Michael Bradley
JD
1,127 satisfied customers
I have a 10% ownership in a closely held corporation-90% is
i have a 10% ownership in a closely held corporation-90% is owned by other individual who is also one of the original shareholders. I was getting $400 weekly check as part of our arrangement for my $6… read more
Legal Eagle
Legal Eagle
Attorney
Doctoral Degree
5,882 satisfied customers
I have joint ownership in a home with my now ex boyfriend of
I have joint ownership in a home with my now ex boyfriend of 13 years. I moved out, he lives in it and does not want to sell. If I wait until next year, while he's been making payments on it, am I sti… read more
LawGuy
LawGuy
Juris Doctor
123 satisfied customers
Yesterday we bought into Wyndham Vacation Ownership in
Yesterday we bought into Wyndham Vacation Ownership in Nashville Tn. We fell that they were not honest and that we were mislead.Is it possible to get our money back? … read more
LegalKnowledge
LegalKnowledge
Juris Doctor
27,443 satisfied customers
I need to secure a ownership % of a property with a lien in
I need to secure a ownership % of a property with a lien in phoenix AZ … read more
Ray
Ray
Lawyer
Doctoral Degree
30,190 satisfied customers
How can one legally transfer ownership to another of a non
How can one legally transfer ownership to another of a non profit organization … read more
Legal Eagle
Legal Eagle
Attorney
Doctoral Degree
5,882 satisfied customers
I have a question about a pet ownership dispute in the state
I have a question about a pet ownership dispute in the state of NC. … read more
Roy Hadavi
Roy Hadavi
Attorney
Juris Doctorate
886 satisfied customers
I was informed that ownership of a gold shipment has to be
I was informed that ownership of a gold shipment has to be changed. Iam the receiver, but need to know the fees for changing ownership. … read more
P. Simmons
P. Simmons
Attorney
Doctoral Degree
34,889 satisfied customers
Is there a new law that will limit ownership of stock to
Is there a new law that will limit ownership of stock to those who have over $300,000 should the dollar crash? … read more
ScottyMacEsq
ScottyMacEsq
Doctoral Degree
17,072 satisfied customers
What is the cost of change in ownership in Ghana for will
What is the cost of change in ownership in Ghana for will that has passed property to a child of majority age? … read more
LawGuy
LawGuy
Juris Doctor
123 satisfied customers
I have a question about selling/transferring ownership of an
I have a question about selling/transferring ownership of an LLC to a a new person. … read more
LawGuy
LawGuy
Juris Doctor
123 satisfied customers
Does a bill of sale for a dog automatically mean ownership
Does a bill of sale for a dog automatically mean ownership and awarding of custody of the dog. … read more
Ely
Ely
Counselor at Law
102,687 satisfied customers
I have a judgment in my name. Can the judgment creditor take
I have a judgment in my name. Can the judgment creditor take my husband's car? I live in Florida. … read more
LawGuy
LawGuy
Juris Doctor
123 satisfied customers
How to transfer ownership of LLC in Michigan? 1. The LLC was
How to transfer ownership of LLC in Michigan? 1. The LLC was filed by my husband and he is sole member. 2. There is no operating agreement 3. There was no business activities whatsoever, basically the… read more
LawGuy
LawGuy
Juris Doctor
123 satisfied customers
I am a judgment creditor. Can I call up the judgment debtor
I am a judgment creditor. Can I call up the judgment debtor directly without going through a lawyer and offer to settle? There is a lawyer handling the case but he hasn't been effective and the debtor… read more
Legal Eagle
Legal Eagle
Attorney
Doctoral Degree
5,882 satisfied customers
I am the judgment creditor in an action in NY - the judgment
Hello Pearl - I am the judgment creditor in an action in NY - the judgment debtor lives with his parents but he has refused to answer an info subp... seems I can server an info subp on a third person … read more
INFOLAWYER
INFOLAWYER
Attorney
Doctoral Degree
20,218 satisfied customers

DISCLAIMER: Answers from Experts on JustAnswer are not substitutes for the advice of an attorney. JustAnswer is a public forum and questions and responses are not private or confidential or protected by the attorney-client privilege. The Expert above is not your attorney, and the response above is not legal advice. You should not read this response to propose specific action or address specific circumstances, but only to give you a sense of general principles of law that might affect the situation you describe. Application of these general principles to particular circumstances must be done by a lawyer who has spoken with you in confidence, learned all relevant information, and explored various options. Before acting on these general principles, you should hire a lawyer licensed to practice law in the jurisdiction to which your question pertains.

The responses above are from individual Experts, not JustAnswer. The site and services are provided “as is”. To view the verified credential of an Expert, click on the “Verified” symbol in the Expert’s profile. This site is not for emergency questions which should be directed immediately by telephone or in-person to qualified professionals. Please carefully read the Terms of Service (last updated February 8, 2012).

DISCLAIMER: Answers from Experts on JustAnswer are not substitutes for the advice of an attorney. JustAnswer is a public forum and questions and responses are not private or confidential or protected by the attorney-client privilege. The Expert above is not your attorney, and the response above is not legal advice. You should not read this response to propose specific action or address specific circumstances, but only to give you a sense of general principles of law that might affect the situation you describe. Application of these general principles to particular circumstances must be done by a lawyer who has spoken with you in confidence, learned all relevant information, and explored various options. Before acting on these general principles, you should hire a lawyer licensed to practice law in the jurisdiction to which your question pertains.

The responses above are from individual Experts, not JustAnswer. The site and services are provided “as is”. To view the verified credential of an Expert, click on the “Verified” symbol in the Expert’s profile. This site is not for emergency questions which should be directed immediately by telephone or in-person to qualified professionals. Please carefully read the Terms of Service (last updated February 8, 2012).

Show MoreShow Less

Ask Your Question

x