meadowsbianca19
meadowsbianca19 meadowsbianca19
  • 22-04-2021
  • Mathematics
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How does the concept of trust relate to debt?

Respuesta :

mariana2672 mariana2672
  • 22-04-2021

Answer:

A trust can protect your assets for the next generation. However, if you have debt, the trust will not necessarily protect assets from creditors. If you or your beneficiaries file for bankruptcy, for example, the trust could be seized for repayment of debts.

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