The Interface Between the New Bankruptcy Laws and Delaware Asset Protection Trusts

In a concise article by Jeffrey T. Getty, President of the NatCity Trust Company of Delaware, the Effect of Bankruptcy Code Changes on Delaware Asset Protection Trust Opportunities is explained.  Mr. Getty states that

Congress has affirmed the validity of legitimate self-settled asset protection trusts (those that do not involve a fraudulent conveyance at inception) in the Bankruptcy Abuse Prevention and Consumer Protection Act of 2005.