Can a Trust Protect My Assets in Divorce?
As financial portfolios become more and more complex, financial trusts are becoming increasingly common. Why? Because trusts can be shaped to serve a variety of different purposes, and they can be drafted in a variety of different ways. These days, trusts are routinely used as tools for gifting, asset management, tax shelter and protection from creditors. They can be established while those involved are living, or they can be included in a will, to be established after death.