Ask the Experts: Are my assets available to my son’s creditors?
January 25 2013
This week , Sacramento estate planning attorney Kay Brooks answers a reader’s question in regards to protecting her assets from her son’s creditors in the Sacramento Bee column “Ask the Experts.”
Q: I have a revocable trust with my wife and son (adult) as trustees (house, cars, savings, etc.) and my son is on one of my checking accounts, not in trust. If my son is sued can my monies be attached in the law suit, and if so how can I stop it? — Gary, Carmichael, CA
To read Kay Brooks answer, visit the Ask the Expert column here on the Sacbee.com