Using Trusts to Protect Assets in Bankruptcy - JD Supra (press relea...

Using Trusts to Protect Assets in Bankruptcy
JD Supra (press release)
Two decades following the creation of the trust, the son and wife filed chapter 7 bankruptcy petitions while still living in the home. A creditor of theirs then sued them in the name of the trustee, arguing that their interest in the home was a ...