What is a domestic asset protection trust?

A Domestic Asset Protection Trust is not available in every state, but for those that allow it, it’s one of the easier types of APTs to set up. One downside to a Domestic APT is the fact that it’s established and holds your assets inside the U.S. legal system, which is less foolproof than a Foreign Trust.

How much does an asset protection trust cost?

If you are creating a domestic asset protection trust, then the initial setup fee for the trust will be at least $12,000, perhaps more. If you are creating a foreign asset protection trust, then the setup fee will be a good deal higher. Generally, you can expect to pay $25,000 at the very least, and probably closer to $30,000 if not more.

How much does a foreign asset protection trust cost?

If you are creating a foreign asset protection trust, then the setup fee will be a good deal higher. Generally, you can expect to pay $25,000 at the very least, and probably closer to $30,000 if not more. In addition to these initial setup fees, there will be annual maintenance fees for both types of trusts, ranging into the thousands.