I am contemplating filing an AofA and cc suit against a third party. If a judgement is issued against the third party, can monies be levied against distributions from a charitable trust?
No, a judgement cannot interfere with a charitable trust.
How about after the distribution is deposited into a personal bank account? Could this distribution be considered a wage if the 3rd party does not work? Thanks
A judgment can attach to an individuals bank account, and if income from a trust is regularly received, it is indeed considered income.
So, the trust “income” could not be used to settle a judgement…even if it was non-taxed?
Yes.