Tuesday, June 24, 2014

I bought some undeveloped hunting property as an investment for my kids. Would my property be protected from a forced sale if something wou...

Question

I bought some undeveloped hunting property as an investment for my kids. Would my property be protected from a forced sale if something would happen to my wife and I and we would need extended health care example nursing homes and all other assets were diminished? Thank you very much



Answer

If you own the land in your own name, it might be subject to execution. But, there may be steps that you and your attorney can take to protect the asset.

Good luck



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