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Estate planning: Why Alaska trusts are not half-baked

by on
in Small Business Tax,Small Business Tax Deduction Strategies

Undoubtedly, you’ve worked hard for a long time to amass your current wealth. It would be a shame if creditors or litigious individuals attack your family fortune. Strategy: Set up an Alaska trust to protect your assets.

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{ 2 comments… read them below or add one }

Deborah Koval August 27, 2012 at 7:05 am

I agree with Walny Legal Group. Each of those 14 states have their own legislation on this matter. However, different may be but their ultimate goal is to help each sides.

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Walny Legal Group August 7, 2012 at 8:35 pm

The author of this article may want to do a bit more research. There are 14 states that allow domestic asset protection trusts. Several other states have legislation in the works. All the top DAPT states have no state income tax. South Dakota and Nevada also compare favorably to Delaware and Alaska.

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