Does a revocable living trust provide asset protection? In general, no a revocable living trust would not provide asset protection. If the trust is revocable, and thus the grantor can revoke the trust and reach the assets as they wish, then the grantor could certainly do so for the benefit of their creditors. The video below has been provided to discuss this matter and provide additional information. Please remember that each set of circumstances is different, and you should discuss your issues specifically with your estate planning attorney.
You can contact The McGuire Law Firm to schedule a free consultation with an estate planning attorney in Denver, Colorado or Golden, Colorado.
Contact The McGuire Law Firm to schedule a free consultation with a Denver estate planning attorney.