I am frequently asked if creating a living trust prior to marriage will protect the assets, specifically a home, in the event of a divorce. The answer is, probably not. The question is much more of a family law question than an estate planning question. First, transferring the home into a trust will not protect it in the event of a divorce. Having married without the benefit of a prenuptial agreement to the contrary, each of the spouses’ incomes will become community property from and after the … [Read more...] about Separate Property and Trusts Versus Prenuptial Agreements
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