Asset protection trusts. For the past decade, Ohio has been at the forefront of the nation’s asset protection laws, at least from the protectee’s perspective.

Ohio is now viewed as one of the leading states in the asset protection arena, thanks to the passage of the Ohio Legacy Trust Act, says Marcia Kendle, Senior Vice President and Chief Fiduciary Officer ...

Domestic asset protection trusts are irrevocable trusts that a person creates to protect assets from future creditors. They are termed domestic to distinguish them from offshore trusts.