Avoiding the Adverse Effects of Huber

Avoiding the Adverse Effects of Huber

How to best protect assets using a self-settled trust

 

A recent U.S. Bankruptcy Court decision, In re Huber,1 held that an Alaska self-settled trust essentially was invalid with respect to claims of the settlor’s (grantor’s) creditors in bankruptcy. The case doesn’t appear to break new ground and, in some ways, seems flawed. However, it’s important to review the decision to help dete

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