Shenkman Law

Client PortalClient Login
  • Services
  • The Firm
  • Blog
  • Newsletter
  • Press & Awards
  • Resources
  • Webinars
  • Podcasts
  • Contact
« Back

    Send Client Letter About Self-Settled DAPTs Post Wacker

    WealthManagement.com
    Apr 05, 2018

    Martin M. Shenkman, Alan Gassman 

    Some have interpreted the recent Alaska decision in Toni 1 Trust v. Wacker, 2018
    WL 1125033 (Alaska, Mar. 2, 2018) as a death knell to using U.S.-based domestic
    asset protection trusts, known as DAPTs, in client planning. We believe that this
    interpretation is incorrect, but practitioners may choose to use this case as an
    opportunity to write to clients to inform them of the case and what planning options
    to consider. Other practitioners may feel that the negative interpretation some
    commentators have given to Wacker might make it prudent for them to
    communicate the negative perception to clients with DAPTs. With the new large, but
    temporary, estate tax exemptions, the use of DAPTs may be more important than
    ever. The following sample letter may be adapted by practitioners to communicate
    these changes to clients, and former clients, if there’s a concern that they may be
    relying on prior advice with respect to DAPTs previously completed.

    Read their commentary here.

    No related posts.

© 2025 Shenkman Law
  • Services
  • The Firm
  • Blog
  • Press & Awards
  • Resources
  • Contact
  • Privacy Policy
  • Site Map
  • Code of Ethics
  • ADV 2A Firm Brochure
  • Chronic Illness
  • LawEasy