Is my trust, which has title to my property, immune from lawsuits?

No. The trust is not protected from lawsuits. The majority of living trusts are revocable, meaning that they can be revoked, amended or canceled. Since the grantor has control of the property, and has the power to revoke the trust, funds held in a living trust are subject to the same liability from a judgment against them as they would be if you had title to them directly.

However, your trust could be created in a way that safeguards your assets from your spouses’ beneficiaries and creditors following your death. One such trust is the personal asset trust, which is an asset protection trust for your heirs’ inheritance.

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