Domestic Asset Protection Trusts: Key Strategies for 2013
Leveraging DAPTs, Combining with Double LLCs, Navigating Jurisdictional Differences, and Understanding Limitations of Mortensen
Recording of a 90-minute CLE webinar with Q&A
This CLE course will provide estate planning counsel a review of the benefits of domestic asset protection trusts (DAPTs) as an asset protection vehicle. The panel will discuss combining DAPTs with two LLCs, navigate the differences between jurisdictions, identify Tier 1 DAPT states, and analyze the implications and limitations of the Mortensen case.
- Asset protection planning
How the domestic asset protection trust works
- Statute of limitations
- Fraudulent transfers
- Exception creditors
Tier 1 DAPT states
- Which one is best?
- Facts of the case
- Why the holding was not a surprise
- What Mr. Mortensen should have done instead
Combining the DAPT with the double LLC
- Why this structure works so well
- How this structure works upon a creditor attack
The panel will review these and other key questions:
- Which states have the most effective DAPT statutes?
- In asset protection planning, what factors should counsel consider in deciding how and where to structure the DAPT?
- What is the impact of the Mortensen case on DAPTs?
Following the speaker presentations, you'll have an opportunity to get answers to your specific questions during the interactive Q&A.
Steven J. Oshins
Oshins & Associates
Mr. Oshins' practice focuses on estate planning and asset protection. He was named Las Vegas Trusts and Estates... | Read More
Mr. Oshins' practice focuses on estate planning and asset protection. He was named Las Vegas Trusts and Estates Lawyer of the Year by The Best Lawyers in America and was voted into the NAEPC Estate Planning Hall of Fame. He is a frequent speaker and author on estate planning and asset protection articles. He participated in getting valuable trust and creditor protection laws passed in Nevada.Close
Robert S. Keebler
Keebler & Associates
As a CPA and tax advisor, Mr. Keebler’s practice includes family wealth transfer and preservation planning,... | Read More
As a CPA and tax advisor, Mr. Keebler’s practice includes family wealth transfer and preservation planning, charitable giving, retirement distribution planning, and estate administration. He received the Accredited Estate Planners (Distinguished) award from the National Association of Estate Planners & Councils. Mr. Keebler frequently represents clients before the National Office of the IRS and he is a frequent author and speaker on wealth transfer and taxation issues.Close