DOMESTIC ASSET PROTECTION TRUSTS*
The firm practices in the area of Domestic Asset Protection Trust (DAPT) evaluation, structuring, drafting and implementation. Where appropriate, the firm is involved in assisting its clients with the following:

  • Alaska Asset Protection Trusts

  • Delaware Asset Protection Trusts

  • Missouri Asset Protection Trusts

  • Nevada Asset Protection Trusts

  • Rhode Island Asset Protection Trusts

  • South Dakota Asset Protection Trusts

  • Tennessee Asset Protection Trusts

  • Utah Asset Protection Trusts

  • Wyoming Asset Protection Trusts
Although subject to a 10-year clawback in bankruptcy, DAPTs can be useful tools for persons who are resident in a DAPT state or who intend to move to a DAPT state in the near future and who are unlikely to be forced into a bankruptcy.
Click here for much more in-depth information
on Domestic Asset Protection Trusts



DAPT REMEDIATION AND MALPRACTICE

Domestic Asset Protection Trusts are grossly oversold for asset protection, particularly to persons who do not reside in or have assets in a state that has adopted DAPT legislation. The firm assists clients who have been sold a DAPT in such cases to remediate and wind up the trust while maintaining the assets in an asset protected environment.

The firm also assists those persons who have been fraudulently sold a DAPT based on false promises that it would provide asset protection in their non-DAPT state with recovering their fees and other damages against the planners, trust providers, and trust companies who placed them into the DAPT.

Chris Riser and Jay Adkisson are the authors of the best selling "Asset Protection: Concepts and Strategies" (McGraw-Hill 2004). Chris Riser is currently the Chairman of the American Bar Association's Asset Protection Planning Committee.
The all-time asset protection bestseller is available from:

Amazon.com

BarnesandNoble.com

Prospective clients seeking to use the firm's services should call our new client coordinator at 949.629.1176 to set up a brief free telephone conference with an attorney of the firm to discuss the prospective client's suitability and the firm's process for assisting its clients once they have engaged the firm.


* Please note that no attorney of the firm has sought board certification by any state as a specialist in any area of practice, and no attorney of the firm claims to be a specialist in any practice area. The firm does not solicit new clients in any jurisdiction where the firm does not have a member of the firm licensed to engage in the practice of law.

 

  

 

 

© 2008 by Riser Adkisson LLP. All rights reserved. This website may not be reproduced in whole or in any part without the express written permission of Riser Adkisson LLP.  The firm's attorney who is responsible for this website is Jay Adkisson. Issues regarding this website should be directed to Mr. Adkisson by fax to 877.698.0678 or by mail to 100 Bayview Circle, Suite 210, Newport Beach, CA 92660.

Riser Adkisson LLP does not practice in any jurisdiction unless one its attorneys has been admitted to practice there, or an attorney of the firm has been properly admitted pro hac vice according to the local court rules of that state. Nothing in this website should be construed to be any advertisement for legal services directed to a state wherein Riser Adkisson LLP is not admitted to practice. Nothing in this website is any substitute for the services of a licensed attorney in the relevant jurisdiction.  Persons resident in a state where Riser Adkisson LLP does not have an attorney regularly admitted to practice law should consult with their own local licensed attorney about that attorney retaining Riser Adkisson LLP to assist the local attorney with any client matters that such attorney believes our services and advice would be helpful.

The information given in this website does not constitute legal or accounting advice or opinion, and should not be relied upon for any planning purposes. It is provided solely and exclusively for general, non-specific educational purposes, and to advise the reader of the nature of the services offered individually by us. Planning of this nature is necessarily very circumstance-specific and therefore it would be dangerous to apply the very general rules described herein to any singular fact-pattern. Prudence demands that you consult with an experienced professional licensed in your state before attempting any of the planning techniques described herein. Additionally, the information given in this website is not meant to be a substitute for legal representation. You should consult with your local attorney regarding your suitability for the techniques stated herein under your local laws.

Except as may be specifically described in a fully-executed client engagement letter, Riser Adkisson is not your counsel and you will not rely upon Riser Adkisson LLP for any advice, counsel or suggestions as to the proposed or actual tax treatment of any transaction. Likewise, Riser Adkisson LLP does not make any guarantees or assurances in connection with any product, transaction or strategy discussed by Riser Adkisson LLP. Prudence demands that you retain independent professional tax counsel to objectively advise you on any tax consequences of any product, transaction or strategy discussed by Riser Adkisson LLP. Prudence also demands that you retain appropriately qualified and independent tax professionals to advise you of your tax compliance and reporting requirements.