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Updated over 8 years ago on .
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Domestic Asset Protection Trusts
Does anyone have experience with DAPT? I'm interested in finding out the following:
- Are these allowed in New York?
- Do I have to live in the state where I set one up?
- Can real estate properties be placed in a DAPT?
- What are the tax implications of a DAPT?
- Can real estate properties be sold once they are placed in a DAPT?
Any feedback would be appreciated! Thanks!