In 1997, Alaska became the first state to enact legislation authorizing the use of domestic asset protection trusts (DAPTs). In the years that followed, a steady flow of states enacted similar legislation and authorized the use of DAPTs, with 17 states authorizing their use today. However, 2018 brought significant pushback against this technique. To understand that pushback, it is helpful to first understand what exactly a DAPT is, and what makes it controversial.?
DAPTs are unlike any other... click here to read and download the full article