Answer
Feb 19, 2025 - 12:30 PM
The living trust protects from probate. That's really all it protects from. The living trust is just an extension of those who created it. Legally speaking, the trust does not protect the assets from creditors, liabilities. It is just an extension of the person who created it because it's revocable, it's living, it's basically passed through to them. So, yes, we're protecting, so to speak, the assets from probate, but not from any liability or exposure during the lifetime of the creators of the trust.
