Ch. 13: The Domestic Asset Protection Trust (DAPT)
Ch. 13: The Domestic Asset Protection Trust (DAPT)
Introduction
More information about Domestic Asset Protection Trusts, including references to the major DAPT statutes, is available at http://www.assetprotectionbook.com/domestic_asset_protection_trusts.htm
DAPT Mechanics
Synopsis: Discusses the basic operation of DAPTs and cross-border issues.
Limitations of DAPTs
Synopsis: Discusses various potential flaws of the DAPT as an asset protection tool.
The potential weaknesses of DAPTs are explored in considerable additional depth at http://www.assetprotectionbook.com/domestic_APT_analysis.htm
DAPTs and Repatriation Orders
Synopsis: Discusses whether DAPTs could be subject to repatriation orders issued by the courts of non-DAPT states.
DAPTs vs. FAPTs
Synopsis: Compares strengths and weaknesses of DAPTs with FAPTs.
Other Potential Weaknesses
Synopsis: Discusses potential "out of the box" creditor attacks against DAPT structures, and possible federal law changes.
When to Use a DAPT
Synopsis: Discusses those situations when a DAPT might be useful, and to what degree.
Introduction
More information about Domestic Asset Protection Trusts, including references to the major DAPT statutes, is available at http://www.assetprotectionbook.com/domestic_asset_protection_trusts.htm
DAPT Mechanics
Synopsis: Discusses the basic operation of DAPTs and cross-border issues.
Limitations of DAPTs
Synopsis: Discusses various potential flaws of the DAPT as an asset protection tool.
The potential weaknesses of DAPTs are explored in considerable additional depth at http://www.assetprotectionbook.com/domestic_APT_analysis.htm
DAPTs and Repatriation Orders
Synopsis: Discusses whether DAPTs could be subject to repatriation orders issued by the courts of non-DAPT states.
DAPTs vs. FAPTs
Synopsis: Compares strengths and weaknesses of DAPTs with FAPTs.
Other Potential Weaknesses
Synopsis: Discusses potential "out of the box" creditor attacks against DAPT structures, and possible federal law changes.
When to Use a DAPT
Synopsis: Discusses those situations when a DAPT might be useful, and to what degree.
Labels: asset protection, asset protection trust, dapt, domestic asset protection trust, dynasty trust, self-settled spendthrift trust, self-settled trust
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