THE RESERVATION OF POWERS IN A TRUST: DOES IT AFFECT THE TRUST’S PROTECTION BEFORE CREDITORS OF THE SETTLOR?

The trust is an autonomous estate that results from the act by which a person, named as settlor, transfers certain assets or rights to another person, named as trustee, to be administered for the benefit of third parties, named as beneficiaries, according to the provisions of the deed of constitution of trust.  For more information, click on the following link: Click here