Why form an asset protection trust (DAPT)?
Chances are you have fire insurance for your home, but when is the last time you had a fire? Credit events are more likely than a home fire, and could cost you much more than just your home. So, if you’re serious about protecting your assets, then there is no reason to have fire insurance while failing to form a Domestic Asset Protection Trust.
If you are reading this and are already being pursued by creditors, then you have nothing to lose by fighting back. And if you are merely looking to the future, then you have everything to lose and no reason not to protect it. Some events are foreseeable and others aren’t, but most will experience at least one in their lifetime. Given such odds it makes little sense to roll the dice.