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 ...

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 ...

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 ...

A SLAT is a spousal lifetime access trust and is common asset protection and tax planning technique for married couples. A DAPT is a domestic asset protection trust and a type of trust you can ...