With the House of Representatives officially passing a bill which would endorse a lawsuit brought against the President of the United States (President Obama), I thought it would be an interesting thought experiment to ask if the President should consider Asset Protection. Asset Level When doing an analysis for a client, the first area we…
What is an International Asset Protection Trust (IAPT)? What is a Domestic Asset Protection Trust (DAPT)? Do Special Power of Appointment Trusts (SPA) work for Asset Protection? What is a Section 541 Trust and does it work for Asset Protection? What is a Bridge Trust and how does it encompass all of the strengths of…
Having practiced in the field of Asset Protection for over 18 years, I have a very good handle on what's happening in the field. I recently returned from a conference in Denver where over 500 Estate Planning Attorneys were in attendance. I had the opportunity to speak to them as a group and this is…
If you have invested in creating an Asset Protection Trust for the protection of your assets then it is critical that you understand an important change that occurred in 2005 regarding the inclusion of the Trust assets in a Bankruptcy Estate. First of all, understand that your Asset Protection Trust is what is called a…