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Asset Protection Trusts (The Good, The Bad, The Uncertain) by Pamela K. Bergman

TABLE OF CONTENTS

I. INTRODUCTION 1
 
II. STRUCTURE AND USE OF AN ASSET PROTECTION (APT) 3
 
III. FOREIGN APTs 5
 
IV. DOMESTIC APTs 8
 
V. CONFLICT OF LAWS POTENTIAL 11
 
VI. CONTROL OF APTs BY SETTLORS 13
 
VII. VALIDITY OF APTs 14
 
VIII. CREDITORS = RIGHTS AGAINST APTs 16
 
IX. LEGISLATIVE ATTEMPTS TO PREVENT APTs 21
A. The Small Business Job Protection Act of 1996 (SBA) 22
B. The Final Regulations 23
C. Uniform Trust Code 26
 
X. CONCLUSION 26

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