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A DAPT is an irrevocable self-settled trust for which the settlor (creator of the trust) is permitted to be a beneficiary. Elder Law Attorney Chris Lavin answers the question How Do I Preserve Assets In Warning: Don't use an irrevocable trust for asset protection unless it follows these four rules. SUBSCRIBE
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An Ohio Legacy Trust (OLT) is a type of domestic asset protection trust (DAPT). The OLT is a relatively new tool in Ohio estate planning attorneys' toolkit. Protecting Your Assets with an Ohio Asset Protection Trust | Stock
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A Domestic Asset Protection Trust (DAPT), also known as a Legacy Trust in Ohio, is a type of self-settled trust that provides asset protection to the creator. What is a Domestic Asset Protection Trust? • States that Allow Domestic Asset Protection Trusts • Who Needs one? • Benefits
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