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mr_godi [17]
3 years ago
11

How does the concept of trust relate to debt?

Mathematics
1 answer:
Alecsey [184]3 years ago
6 0

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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