Tag Archives: Utah creditor protection

The Utah Asset Protection Trust: Should it hold a Residence?

Can a Utah asset protection trust (UAPT) hold a personal residence or a vacation home?  Yes. The Utah asset protection trust statute (Utah Code §25-6-14) contemplates the transfer of a personal residence to a UAPT inasmuch as it permits the … Continue reading

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Utah Asset Protection Trusts | Summary of the New Statute

The following is a detailed summary of Utah’s new asset protection trust statute, which became effective May 14, 2013.  This summary description is intended primarily for attorneys who want to understand the operation of the new law.  What follows is … Continue reading

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Utah Asset Protection Trusts: Are they Right for Me?

If you are a Utah resident in a high-liability profession (like a physician), or if you’re a Utah resident with a high net worth, a Utah asset protection trust can help shield you and your family from vexatious lawsuits. Utah … Continue reading

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Utah Asset Protection Trusts: New 2013 Law

On March 28, 2013, Governor Herbert signed into law H.B. 222, Utah’s new self-settled asset protection trust statute.  The new law arguably provides the greatest measure of asset protection of any such law in the country.  It will replace the … Continue reading

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