Protecting your assets is crucial when drawing up an estate plan. An asset protection trust can help you keep your assets from creditors, lawsuits and even divorce claims and civil actions.

What Is an Asset Protection Trust (APT)? An asset protection trust (APT) is a trust vehicle that holds an individual's assets with the purpose of shielding them from creditors. Asset protection ...

Editor’s note: This is part five of an ongoing series about using trusts and LLCs in estate planning, asset protection and tax planning. The effectiveness of these powerful tools — especially ...

But there is also an asset protection trust, which protects your assets from creditors while you’re still alive. Read Next: Here’s the Salary Needed to Actually Take Home $100K in Every State ...

<div class="Section1">It is important for an individual who is considering establishing a domestic asset protection trust to remember that the validity of the ...

To protect your beneficiaries from creditors, you should consider establishing a domestic asset protection trust or DAPT. Here define DAPTs, talk about how they work and cover which states allow them.

How a trust can help older adults qualify for Medicaid and preserve assets Greg Daugherty has worked 25+ years as an editor and writer for major publications and websites. He is also the author of ...

ROBERT PAGLIARINI: Can you describe what a domestic asset protection trust is? NEIL SCHOENBLUM: A domestic asset protection trust (often called DAPTs, or just APTs) allows the settlor (the trust ...

Can a trust protect inherited assets during a divorce? Find out how asset protection trusts work and shield assets from divorce settlements.

Irrevocable trusts, like Medicaid asset protection trusts (MAPTs), on the other hand, remove assets from an owner’s control, rendering them eligible to meet Medicaid requirements. When you ...

Unlike domestic trusts, offshore trusts place your assets under the jurisdiction of foreign countries with rigorous asset protection laws. These legal frameworks are specifically designed to ...

This is not the case with property transferred to a third-party trust. In your case, you may be more free to tie up additional assets in a Medicaid protection trust if the funds in your husband ...