A recent U.S. Bankruptcy Court decision, In re Huber,1 held that an Alaska self-settled trust essentially was invalid with respect to claims of the settlor’s (grantor’s) creditors in bankruptcy. The case doesn’t appear to break new ground and, in some ways, seems flawed. However, it’s important to review the decision to help determine how best to protect assets using a self-settled trust. In any case, the ruling doesn’t seem to thwart using a ...

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