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.

The Supreme Court of Ohio has entered an order finding that Legally Mine LLC and Daniel McNeff engaged in the unauthorized practice of law in Ohio ...

When you spend down your assets, transfer them or place them in a Medicaid Asset Protection Trust within the five-year look-back period, you generally trigger a penalty period that must elapse ...

Even though the Jones v. Jones case applies only to Massachusetts, it serves as a reminder of the importance of careful estate planning and asset protection planning.

The law, which went into effect March 27, 2013, as part of Ohio House Bill 479, allows for the creation of self-settled irrevocable trusts – also known as domestic asset protection trusts (DAPTs).