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    Alaska Court Just KO'd Domestic Asset Protection Trusts

    by Jeffrey M. Verdon, Esq., Managing Partner, Jeffrey M. Verdon Law Group, LLP Mar 09, 2018 3 minutes

    Over 15 million lawsuits are filed in the U.S. each year, so protecting your assets from a financially ruinous lawsuit has never been more important. But one common way of doing that -- a domestic asset protection trust (DAPT) -- just took a big hit in court.

    Thanks to an Alaska Supreme Court ruling made on March 2, 2018, it's become clear that if you are not a resident of the state under which you establish your DAPT,

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