Tag: apts

  • Day 17: Asset Protection Trusts

    Day 17: Asset Protection Trusts

    #QuickBiteCompliance Day 17 Let’s dive deeper into Asset Protection Trusts (APTs), a unique form of irrevocable trust designed to safeguard wealth from creditors. These trusts involve transferring asset ownership to a trustee, typically established offshore to shield assets while remaining tax neutral. APTs focus on asset protection and prioritize providing for beneficiaries, enabling foreign trustees…