Domestic Asset Protection Trust

We've dedicated our firm to family law. Watch a quick video on why:

Stange Law Firm img
Play Video
For parties considering a dissolution of marriage where either one or both parties have significant assets or wealth, it is very important to first consider how a divorce can impact these assets. Taking proactive measures can be key before ever taking any steps toward a legal separation or divorce. Once these actions commence, you do not want to be accused or even associated with trying to hide assets. That is why it is so vital to consult with an experienced high-net-worth divorce lawyer who can help you take safe and legal measures toward protecting your assets. One of these options includes a Domestic Asset Protection Trust (DAPT). Certain states allow the owner of these types of trusts to shelter their assets from creditors. If you are interested in a DAPT and want to know if you can create one in your state, reach out to our law firm today.  We can get you to estate planning attorneys who can help.

Protecting Your Assets From Creditors in Missouri, Illinois, Kansas, Oklahoma, Nebraska, and Indiana

You may be thinking that the last thing you should be worried about is getting trust when you are thinking about getting a divorce. But a divorce can have serious financial implications. Your finances will be highly scrutinized as well as liabilities. Your assets, accounts, and even businesses could become vulnerable to creditors and other debt collectors. Not to mention your soon-to-be former spouse could be trying to claim these assets. By taking proactive measures now, you can at least help ease your mind about creditors attacking you when you are just trying to move on with your life during divorce proceedings. Basically, you do not want to be adding to your bucket of worries when the stakes are so high. Our seasoned divorce attorneys can review your financial situation and then help determine what legal tools can be utilized to help protect you. This may include a DAPT. What is beneficial about this type of trust is that it can be handled domestically, rather than going to offshore accounts. To read more on this topic, you can read our article titled: Domestic Asset Protection Trusts Versus Prenuptial Agreements: What Is The Best Option?

Contact Our Multi-State Family Law Firm Today For More Information About DAPTs

We invite you to please reach out to us online or call us at 855-805-0595 to schedule an appointment with one of our lawyers. With a family law practice serving Missouri, Illinois, Kansas, Oklahoma, Nebraska, and Indiana we can help you determine whether a DAPT is right for your high net-worth divorce situation.  If so, we can get you to estate planning attorneys who can help. We have locations in St. Louis, Chicago, Kansas City, Indianapolis, Columbia, Springfield, Wichita, Topeka, Tulsa, Oklahoma City, Omaha, Lincoln, and beyond.

ABOUT

Helpful Information Regarding High Net Worth Divorce From our Webpage

To learn more about our work in the area of high net worth divorce, please follow the links below:
Do You Need a Last Will and Testament or an Estate Plan?
Everybody should consider making a will. However, a will is about much more than the division of a sizable estate, and making a will is not something that those with substantial assets.
Multi-state Trust Attorneys in the in Missouri, Illinois, Kansas, Oklahoma and Nebraska
As Stange Law Firm, PC, we can determine the right type of trust for your needs and objectives and select the type of trust that best protects your interests.
Valuing professional practices and businesses
Valuing a professional practice can be extremely difficult because much of the value is in the individual's contribution, not in merchandise or interests that can be easily divided. If you have questions, we have answers.
Pensions, IRAs and 401(k)s
Missouri law significantly affects the division of retirement savings accounts. If many of your assets are in IRAs or 401(k)s, we can talk with you about your options.
Qualified Domestic Relations Orders
QDROs create or recognize the existence of an alternate payee's right to receive all or a portion of the benefits payable under a retirement plan. We can explain what this means for you.
Divorce Tax Issues
For some, they can have significant questions and concerns about how getting divorced might effect them from a tax perspective. We can help ensure that clients can get the tax advice they need from tax professionals.
Maintaining Lifestyle
Many individuals have spent their entire life working hard in order to maintain a lifestyle that they have sought out. We can help individuals going through divorce ensure that they are put in the best financial position possible after a divorce.
Business Owners
Many individuals have spent their whole life trying to create a successful business or they have assisted their spouse build up this interest. It can be stressful when that business interest becomes part of a divorce proceeding. However, we an help ensure that a business interests are fairly evaluated.
Prenuptial & Postnuptial Agreements
Prior to entering into a marriage, or after the wedding date, many individuals are interested in putting together a prenuptial or postnuptial agreement to ensure that there are not lengthy and contentious divorce proceedings later if the marriage ends in divorce In these instances, we can help.
Farm Divorce
In certain cases, parties going through a divorce may own a family farm. This can result in the farm itself, equipment, livestock and other valuable assets being put in play in a divorce. We can help you if this is the case.
Stocks and Bonds
Many married couples also have significant sums in stocks and bonds. It's vital to work with an attorney to have an accounting of what is out there and to ensure it is properly addressed in family court.
Vocational Examination
The income producing potential of a husband and wife can be an important issue in a spousal support or child support case. A vocational examination can be useful in many of these cases where the current income of a party does not appropriately reflect what they could make.
Real Estate Portfolios
Real estate can be an important issue in divorce cases where the parties own rental property and other valuable real estate. We can work with parties in these types of cases to make sure these assets are property valuated and apportioned.
Delayed Compensation
In some situations, a party may be compensated through delayed compensation. This is an important area that should not be over-looked in a divorce.
Overseas Assets
Overseas assets can be significant issue in certain cases. It is vital that you have an attorney who understands how to address this issue
SLF Icon
Serving the St. Louis Metropolitan Area, Kansas City, Columbia, Springfield, Wichita, Topeka, Tulsa and Beyond in Missouri, Illinois, Kansas and Oklahoma

From our webpage, you can also read articles about family law, view informational videos, seminar videos, listen to our podcast, download our mobile application or view support calculators for MissouriIllinois and Kansas.

If you are looking to find and hire a child custody lawyer, contact us online or by phone to schedule a consultation at any of our convenient locations.

book-prenup-1

Prenuptial Agreements Line by Line

Aspatore Books from Thomson Reuters Westlaw
book-military-1

Strategies For Family Law Illinois

Aspatore Books from Thomson Reuters Westlaw
book-family-1

Strategies For Military Family Law

Aspatore Books from Thomson Reuters Westlaw

Protect Yourself By Understanding Your Options and Knowing Your Rights

GET HELP NOW

SLF Icon

MAIN OFFICE LOCATION

Stange Law Firm, PC

120 S. Central Avenue, Suite 450

St. Louis (Clayton), Missouri 63105

Toll Free: 855-805-0595
Fax: 314-963-9191
Group 144

DIVORCE HEADQUATERS APP

Contact Our Team

  • This field is for validation purposes and should be left unchanged.

Family Law Legal Services At Your Fingertips

FEATURED ARTICLES FROM THE STANGE LAW TEAM

When you choose us, you don’t have to sacrifice quality or service. You get the resources of a large family law firm AND the attentive service of a local attorney.

Should I Text My Lawyer?

Text messages (also known as SMS, short message service) are a common way of communicating. Instead of picking up the phone or drafting an email,

Read More
The Collaborative Divorce Process

•pull quote from Kirk out of video •other call outs •graph, table or other chart The Collaborative Divorce Process-Overview Collaborative divorce is a voluntary, contractually

Read More