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Assets Protection Trust

Loune-Djenia Askew, Esq.

Sep 6, 2023

Asset Protection Trusts can help keep your assets from creditors, lawsuits and even divorce claims and civil action. All Asset Protection Trusts are irrevocable.



Asset Protection Trusts can help keep your assets from creditors, lawsuits and even divorce claims and civil action. All Asset Protection Trusts are irrevocable. 


Three (3) types of Asset Protection Trusts (“APTs”):


  1. Domestic APTs

    • Not available in every state 

    • Florida does not presently offer

    • Offers the most flexible asset-protection trust laws in the United States.


  1. Foreign APTs

    • Also known as “ Offshore Trust” 

    • Created outside the U.S.

    • Cost more to establish 

    • Enhanced privacy protection

    • Can potentially offer tax benefits 


      3) Medical APTs

  • Used to reduce or eliminate assets being counted as part of your total Estate value. 


Contact our office at Askew & Associates, P.A. by calling 954-546-2699.



*Disclaimer: this blog post is not intended to be legal advice. We highly recommend speaking to an attorney if you have any legal concerns.





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Lauderdale Lakes, FL 33319

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