Even within the specialized Asset Protection legal community professional opinions vary on the use and effectiveness of Nevada and other states’ Domestic Asset Protection Trusts (DAPT’s). One thing all agree on however, is that for such a strategy to hold up to even the weakest attacks the formalities of the state’s trust laws must be met to the letter.
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ike-devji
Asset Protection Lawyer Ike Devji helps protect a national client base of thousands of clients comprising nearly $6 Billion in personal assets. He has been named among WORTH magazine’s “Leading Wealth and Legal Advisors” and was recognized by the Financial Planning Association of America’s Academy of Financial Services for his educational work in this area.Follow him on twitter: http://twitter.com/IKE_DEVJI , or see more here: www.linkedin.com/in/ikedevji.NEVADA TRUST FOR ASSET PROTECTION? BETTER MAKE SURE YOUR TRUST COMPANY STILL EXISTS
SCAM: “Brokers” and “Up Front Fees” for Venture Capital
Employers Beware: The Department of Labor is Out to Get You
Fatal Flaws of Asset Protection Planning
There is no such thing as a legally recognized “specialist” in the field of Asset Protection, as the Bar Associations of most jurisdictions recognize only a handful of certified specialties including personal injury, maritime law, domestic relations law, and bankruptcy, among others.
That being said, there are practitioners that have achieved “expert status” simply by doing good work that withstood the test of time for many people. Despite the differences in strategy and opinion many of these reputable planners may employ, there are some factors that we all have to address in both new plans and in the all too common instances where we have to rehab or salvage poorly executed planning.
Here is a short summary of issues to keep in mind when addressing this crucial issue; please bear in mind that information in forums like this is not specific to you, is written in the broadest terms and is never a substitute for consulting with an experienced professional:
Asset Protection For The Middle Class?
You Bet! As an Asset Protection lawyer that works with high net worth clients nationwide I have a large variety of the most sophisticated legal and financial tools at my disposal to help protect my clients. When Norb Vonnegut asked me for an Asset Protection primer and wealth tools that apply to everyone for Acrimoney, [...]

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