This is not an accurate statement of how to address an inheritance. Schedule B asks you if you are entitled to an inheritance and Trustees always ask if you have given away your share of an inheritance.
If you put the money in a trust - you are either giving it away or you are hiding assets in a trust. Either option is not what you want. Do not take this advice.
Seek advice from a knowledgable local attorney and they will be able to help you properly plan your bankruptcy.
James Portman Webster Mesa Bankruptcy Attorney
Posted almost 14 years ago.
This is not an accurate statement of how to address an inheritance. Schedule B asks you if you are entitled to an inheritance and Trustees always ask if you have given away your share of an inheritance.
If you put the money in a trust - you are either giving it away or you are hiding assets in a trust. Either option is not what you want. Do not take this advice.
Seek advice from a knowledgable local attorney and they will be able to help you properly plan your bankruptcy.