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Is my mother's unfunded living trust liable for credit card debt?
Wiki User
∙ 15y ago
One reason people create trusts is to place their assets out of reach of creditors. The trust needs to be properly drafted. Yours is an odd question if there are no assets in the trust. In many jurisdictions creditors can file a court action in cases of fraudulent transfers of property to avoid a creditor.
Wiki User
∙ 15y ago
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