Kiplinger8mon
Ins and Outs of Domestic Asset Protection Trusts (DAPTs)
DAPTs can’t protect assets from known creditors Due to state and federal transfer laws, the amount of assets transferred into a DAPT must not leave the trust maker unable to pay off known debts ...
Forbes1y
Back End Slats – A SLAT, ILIT, DAPT, Or SPAT By Another Name?
New acronym more excitement! DAPT – Domestic asset protection trust. This is a trust you can create for your spouse and kids but you too can be a beneficairy if you create the trust in one of ...
Kiplinger6y
Alaska Court Just KO'd Domestic Asset Protection Trusts
But one common way of doing that — a domestic asset protection trust (DAPT) — just took a big hit in court. Thanks to an Alaska Supreme Court ruling made on March 2, 2018, it’s become clear ...
Forbes6y
Can You Cut Income And Estate Taxes With A Trust Called An ING?
Most INGs are formed and administered in states that permit self-settled trusts (a trust you form and for which you are a beneficiary, or if you prefer yet another acronym a DAPT – domestic ...