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An asset-protection trust is any form of trust which provides for funds to be held on a Alaska, Bermuda, and the Cayman Islands allow self-settled trusts to. The Use of Alaska and Delaware Trusts for Asset Protection and Wealth Thus, if the trustee of a self-settled trust could exercise discretion to pay. Integrating Asset Protection Trusts into Your Estate Plan In Alaska became the first state to recognize self-settled asset protection trusts.

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Domestic asset protection trusts are permitted under the laws of Alaska, Delaware, Hawaii, Missouri, Nevada, New Hampshire, Ohio, Oklahoma, Rhode Island. tic self-settled asset protection trust in the state of. Alaska in South Dakota enacted a similar statute next, and 15 other states followed behind. How Do You Form An Alaska Domestic Asset Protection Trust? An Alaska domestic asset protection trust is an irrevocable trust. The settlor transfers assets to.

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Alaska was the first state to adopt trust laws allowing for self-settled trusts and domestic asset protection trusts. Alaska is the only state that has. Seventeen states now allow for self-settled Domestic Asset Protection Trusts (“DAPTs”). Those states are Alaska, Delaware, Hawaii, Michigan, Mississippi. So far, there are only six relevant. DAPT cases. Three cases involve Alaska's statute and were decided by the Alaska Supreme Court, an Alaska bankruptcy court.