Key Features That Differentiate Domestic Asset Protection Trusts

Key Features That Differentiate Domestic Asset Protection Trusts

What Are Domestic Asset Protection Trusts (DAPTs)? Domestic Asset Protection Trusts, commonly referred to as DAPTs, are innovative legal tools specifically created to safeguard assets from creditors, lawsuits, and other third-party claims. What sets DAPTs apart from traditional trusts is the unique provision allowing the person who creates the trust (the settlor) to remain a … Read more