Planning for Lottery Winners, Part 2 of 2

In some states lottery winnings a hit with debt collectors can creditors take my lottery money What actions can the judgment creditor take to collect? If you ask for an exemption and it is granted, the bank will no longer hold the exempted money for the can georgia lottery winners remain anonymous RALEIGH — The lottery collected a record $1 million during the past year from prize winners who were also debtors

can lottery winnings be inherited Because revocable trusts can be terminated or modified at any time, your creditors will typically be able to reach the assets in an irrevocable trust since you