Is your living will and/or trust protected from creditors? Posted on by admin Is your living will and/or trust protected from creditors?
a trust usually is, but it depends on the details of the arrangements..
Wagner, Vaughan & McLaughlin, P.A.
601 Bayshore Boulevard; Suite 910
Tampa, FL 33606
A living will is not the same as a legal will. A living will only provides instructions regarding future health care treatment. On the other hand, a legal will provides instructions for the disposal of personal property at death. Property disposed of by will is not protected from creditors. If you would like specific legal advice regarding whether your trust protects your assets from creditors, you should consult with an attorney.
Longa Law P.A.
511 W Bay Street, Suite 350