Trusts & Estates
Case Studies in Asset Protection, Part 5: APTs, DAPTs, FAPTs, and Lifetime QTIPs
by WealthCounsel Staff
We’ve covered a lot of ground in our first four of six case studies on the importance of asset protection planning, including:
- Bloodline protection concerns
- Beneficiaries as trustees
- Independent trustees
- Distribution trustee provisions / outright distributions
- Spendthrift trusts
- Business entities and real estate and how to protect against inside debts and understand separate business assets
- Traditional irrevocable life insurance trusts (ILITs)
- Spousal lifetime access trusts (SLATs)
- Survivorship access trusts (SATs)
In this fifth installment, our fictitious client has entered a high-risk profession prone to litigation and asked you for help. Let's explore the following strategies and how they might apply to your clients:
• Asset Protection Trusts (APTs)
• Domestic Asset Protection Trusts (DAPTs)
• Foreign Asset Protection Trusts (FAPTs)Asset Protection Trusts (FAPTs)
• Lifetime QTIPs (Qualified Terminable Interest Property Trusts)
Complete the form to get your free guide
Related Resources
Cryptocurrency and Estate Planning
Download the sample trustee manual to see how Wealth Tracx can help introduce trustees to the trust administration process.
Learn More
Domestic Asset Protection Trusts after Toni 1 Trust
Domestic Asset Protection Trusts (DAPT) have been a useful estate planning tool to help clients protect their assets from creditors. Download this paper now and learn why it has become vital for estate planners to adequately counsel clients in non-DAPT states wishing to fund their DAPT with non-DAPT state property.
Learn More
Drafting Third-Party Spendthrift Trusts after U.S. v. Harris
U.S. v Harris changed the game for estate planning attorneys drafting spendthrift trusts. Get the facts in this brief.
Learn More