Twenty-one U.S. states now have domestic asset protection trust (DAPT) statutes. Some commentators initially 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. While the history of DAPTs is fairly recent in the United States, beginning with Alaska in 1996,1 it’s anticipated that many more states will adopt DAPT statutes. The most recent state to adopt a DAPT statute is Arkansas.
Rankings
Here are our results when ranking DAPT statutes in these three categories: (1) discretionary sup...
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