Archive for June 13th, 2009

Is an Asset Protection Trust a Good Idea?

Saturday, June 13th, 2009

Many people think that the most common type of living trust, which is the revocable living trust, provides asset protection. Unfortunately, this is not true. The reason is that a revocable living trust is considered a 'self-settled' trust because you still control the assets you placed in the trust. Since ...