Business Law Section: New Michigan Domestic Asset Protection Trust Act

Wednesday, April 26, 2017, 6:00 PM - 8:00 PM ET

Presented by the Debtor/Creditor Rights Committee.

Cost: $25 (dinner included)
RSVP by April 21 to Judy B. Calton at (313) 465-7344 or jcalton@honigman.com and mail check with registration form.

Michigan is now one of 17 states that has adopted domestic asset protection trust (DAPT) legislation, which allows individuals and entities to protect assets from creditors by placing them in a “self-settled trust” that complies with various statutory requirements. The legislation validates self-settled trusts that were previously held to be invalid against creditors under Michigan law. The DAPT legislation, along with changes made to the Michigan fraudulent transfer laws, were signed into law by Governor Snyder in December 2016, and became effective on March 8, 2017.

Presenters
Robert P. Tiplady II, Dykema Gossett PLLC
Judith Greenstone Miller, Jaffe Raitt Heuer & Weiss, PC

Moderator
Paul R. Hage Partner, Jaffe Raitt Heuer & Weiss, PC

The materials for the program will be provided to you electronically prior to the meeting. You may also attend the meeting telephonically. A call-in number will be provided prior to the meeting upon request. If only participating telephonically, please enclose a check for $10 payable to the State Bar of Michigan.

Location

Dial-in Instructions:
For those attending by telephone, instructions will be sent after registration. See registration form.

Tag

  • Conference or Seminar
  • Webinar

Contact

Judy Calton
(313) 465-7344
jcalton@honigman.com