Eleanor Vance 
What is a Domestic Asset Protection Trust and How Does It Work? A Domestic Asset Protection Trust (DAPT) is an irrevocable trust established under specific state laws to shield assets from future creditor claims. I have seen my clients use DAPTs in Nevada, South Dakota, and Delaware to protect real estate, business interests, and investment … Read more
Does A Revocable Trust Protect Assets From Medicaid I have spent 15 years advising clients on Medicaid planning, and I can state definitively that a revocable trust does not protect assets from Medicaid eligibility determination. This is a critical distinction many misunderstand when first exploring estate planning options. The grantor retains full control over assets … Read more
What Are Trust Structures For Asset Protection? Trust structures for asset protection are legal arrangements designed to shield assets from creditor claims and lawsuits. I have seen these structures work effectively for my clients over 15 years of practice. They create a separation between legal ownership and beneficial enjoyment of assets. In my experience, the … Read more
Does A Revocable Trust Protect Assets From Creditors And Lawsuits? In my experience, a revocable trust provides zero asset protection against creditors or lawsuits. I have seen numerous clients mistakenly believe their revocable living trust shields their wealth, only to discover this critical gap during legal proceedings. The grantor retains full ownership and control, making … Read more