Does an IRS Tax Lien Attach to Irrevocable Trust?
Irrevocable trusts provide excellent asset protection for trust beneficiaries. Protection is codified in Florida statutes. Florida statute protect a beneficiary’s interests in irrevocable trusts that are either spendthrift trusts or discretionary trust. Florida statutes states that a a creditor cannot reach or force assignment of a debtor’s beneficial interest in a spendthrift trust. A spendthrift …
Does an IRS Tax Lien Attach to Irrevocable Trust? Read More »