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DAPTs Are Not a Four-Letter Word

Martin Shenkman and Jonathan Blattmachr discuss the history of and thought-process behind creating self-settled DAPTs for clients.

Self-settled Domestic Asset Protection Trusts known as DAPTs are a valuable tool in any planner’s toolbox.

In this episode, Marty and Jonathan tackle DAPTs, addressing such issues as:

  1. What is a self-settled trust?
  2. What advantages and disadvantages do DAPTs have versus FAPTs?
  3. What jurisdictions can or should be used for DAPTs?
  4. What is a hybrid DAPT?
  5. Instead of a DAPT can you give a limited power of appointment to someone in a non-fiduciary capacity?
  6. What about the bad fact DAPT cases?

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