Does a trust protect personal assets?

Answer:
Yes. However, the assets must be transferred to the trust and will no longer be "personal" assets. They will be under the control of the trustee of the trust. You should discuss your situation with an attorney who specializes in trust law in your state.
First answer by Kluss. Last edit by Kluss. Contributor trust: 692 [recommend contributor recommended]. Question popularity: 1 [recommend question].