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Tag: domestic asset protection trust

“Domestic Asset Protection Trusts Can Fail” says Estate Planning Expert

“Domestic Asset Protection Trusts Can Fail” says Estate Planning Expert

A battle is raging between US-based attorneys over the use of Domestic Asset Protection Trusts (DAPTs) or their offshore counterparts (Foreign Asset Protection Trusts or FAPTs). Fifteen states (and counting) have enacted some form of asset protection trust legislation, but the efficacy of these DAPTs has been called into question since inception. At the 48th […]

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