An APT is a trust vehicle that holds an individual’s assets with the purpose of shielding them from creditors. APTs offer the strongest protection from creditors, lawsuits, or any judgements against your estate.

Related Terms

  • Trustee

  • Testamentary Trust

  • Special Needs Trust

  • Revocable Trust

  • Qualified Terminable Interest Property (QTIP) Trust

  • Living Trust

  • Irrevocable Trust

  • Insurance Trust (ILIT)

  • Grantor

  • Generation-Skipping Trust (GST)

  • Credit Shelter Trust (CST)

  • Charitable Remainder Unitrust (CRUT)

  • Charitable Remainder Trust

  • Blind Trust