Asset Protection Trusts for Businesses

Asset Protection Trusts for Businesses

They’re not just for individuals anymore

Domestic asset protection trusts (DAPTs) for individuals have been around since 1997. Their focus has always centered on protecting a principal owner’s assets from a business’ liabilities. DAPTs have become an integral part of many comprehensive asset protection plans, along with family limited liability companies (FLLCs), family limited partnerships (FLPs), insurance policies and retirement plans.  

Instead of focusing sole

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