Domestic Asset Protection Trusts (DAPTs) may now be established in states which recently enacted favorable legislation ensuring special protection from creditors for Trust beneficiaries.
States which now favor DAPTs are Alaska, Colorado, Delaware, Missouri, Nevada and Rhode Island.
Usually, a DAPT must comply with the following requirements:
If you or a loved one needs help with a situation involving one of these areas, please contact Thomas N. Silverman, P.A. at 561.775.7500 (24 hours) or info@FloridaProbateCounsel.com.