Divorce and the Self-Settled Trust

Before clients marry, or during a stable marriage, estate-planning attorneys may want to suggest that, as a responsible steward of the family’s wealth, the client consider the creation of a “self-settled” (as defined in this article) trust under the laws of a jurisdiction (for example, a state that’s enacted domestic asset protection trust (DAPT) law) that will shield the trust assets from unexpected creditors. Using trusts to hold