![Worthington-GettyImages-1207528742.jpg Worthington-GettyImages-1207528742.jpg](https://eu-images.contentstack.com/v3/assets/bltabaa95ef14172c61/blt78057461e8d3995f/6734ad388d46e931123d2eb2/Worthington-GettyImages-1207528742.jpg?width=1280&auto=webp&quality=95&format=jpg&disable=upscale)
Nineteen states (or 38% of all states) in the United States now have domestic asset protection trust (DAPT) statutes. Some commentators originally thought that DAPT statutes would be limited to smaller populated states, but with Ohio entering the DAPT arena, the DAPT roster gained a populous state that’s also a major banking center. Further, Tennessee, Indiana and Missouri all have DAPT statutes, and they’re the 16th through the 18th most populous states.1 While the history of DAPTs is fairly recent in the United States, beginning with Alaska in 1996,2 it’s anticipated that many more states will adopt DAPT statutes. The two most recent states to adopt DAPT statutes are Indiana and Connecticut.
DAPT Origins
A DAPT is a powerful tool to hel...
Unlock All Access Premium Subscription
Get Trusts & Estates articles, digital editions, and an optional print subscription. Choose your subscription now and dive into expert insights today!
Already Subscribed?