A fuller guide to this term is on the way. In the meantime, the related terms below explain the ideas around it.
Related Brickyard terms
- Irrevocable TrustA trust that usually cannot be changed once created, often used to reduce taxes or protect assets.
- Living TrustA legal arrangement you create while alive to hold your assets, letting them pass to heirs without going through probate.
- TrusteeThe person or institution responsible for managing a trust's assets and following its instructions.
- EstateEverything you own at death, including money, property, and belongings, minus what you owe.
- GrantorThe person who creates a trust and places their assets into it, also called a settlor or trustor.
Turn this into a brick
Knowing what Asset Protection Trust means is knowledge — the first half. A brick gets placed when you act on it.
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Plain-English education — not personalized legal, tax, or investment advice.