Asset Protection Guide

Engel, Barry S.

doi:10.1093/tandt/12.6.19

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Estate Planning1

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2022

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“…An “DAPT” may also be an option, but there are limited jurisdictions that offer these types of trusts. Use of a properly drafted and funded DAPT could make the assets funded into the DAPT unreachable to all creditors 19. Currently, Alaska, Delaware, Hawaii, Michigan, Mississippi, Missouri, Nevada, New Hampshire, Ohio, Oklahoma, Rhode Island, South Dakota, Tennessee, Utah, Virginia, West Virginia, and Wyoming have laws that allow for the formation of DAPTs, but each state has its own rules regarding such trusts 20.…”

Section: Estate Planningmentioning

confidence: 99%