Sixteen Years of DAPT Legislation

Sixteen Years of DAPT Legislation

Implementing asset protection strategies while avoiding claims of fraudulent transfer and challenges to trust validity

Fourteen states now have domestic asset protection trust (DAPT) legislation, and a growing number of trust companies and attorneys are actively marketing DAPTs.1 Alaska and Delaware were the first states to enact DAPT legislation in 1997, followed by Rhode Island, Nevada, Utah, Oklahoma, Missouri, South Dakota, Tennessee, Wyoming, New Hampshire, Hawaii, Virginia and Ohio.2 Ohio’s Legacy Trust Act became effective this year.3 Asset protection strategies h

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