Trusts And Divorce Considerations
Summary
Creating a trust to shield assets during a divorce in Louisiana can be complex. Courts may see it as an attempt to defraud a spouse, and trusts formed during the marriage might be considered community property. Proper legal guidance is essential to navigate these complexities and avoid adverse legal consequences. Consulting with a legal professional is recommended for personalized advice.Full Conversation
In Louisiana
In Louisiana, the situation is similar. Here are some points to consider regarding trusts and divorce:
- Courts may view creating a trust to shield assets as an attempt to defraud a spouse.
- Trusts might be treated as community property if formed during the marriage.
- Consulting with a legal professional is important to navigate these complexities.
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