South Dakota DAPTS: Protect Your Cake and Eat it, Too

Spring 2019

The Robins Kaplan Spotlight

One of the most frequent requests estate planning attorneys receive is how to guard one’s hard-earned savings in the event of litigation, divorce, or bankruptcy. Often, the best plans for protecting personal assets can be simple, such as funding a trust for children or grandchildren. These types of trusts—naming third parties as beneficiaries — are common vehicles for asset protection, because they transfer assets to others. By doing so, however these assets become unavailable for future personal use. For those of us who want to protect assets but also need them available for use in the future, a self-settled Domestic Asset Protection Trust (“DAPT”) could be the answer. 

Brendan V. Johnson


Co-Chair, American Indian Law and Policy Group;
Co-Chair, Government and Internal Investigations Group

Related Publications

Summer 2021
Summer 2021
In the Beginning: Choosing the Right Corporate Entity
Manleen Singh - The Robins Kaplan Spotlight, Vol. 6, No. 2
Summer 2021
Life After Settlement: Crafting Agreements to Avoid Future Disputes
Eric Magnuson, Tim Billion - The Robins Kaplan Spotlight, Vol. 6, No. 2
Spring 2021
Fiduciary or Foe? Revisiting Meinhard v. Salmon
Denise Rahne, Samia Young - The Robins Kaplan Spotlight, Vol. 6, No. 1
Spring 2021
Shareholder Risks in Mergers and Acquisitions
David Martinez, Jason Fair - The Robins Kaplan Spotlight, Vol. 6, No. 1
Back to Top