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OAPT
(redirected from Offshore Asset Protection Trust)

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AcronymDefinition
OAPTOhio Association for Pupil Transportation
OAPTOffshore Asset Protection Trust
OAPTOntario Association of Physics Teachers
OAPTOklahoma Association for Pupil Transportation
OAPTOhio Association of Public Treasurers (Parma, OH)


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One type of asset protection that does work and works well is offshore asset protection trust or APT.
Offshore asset protection trusts can make it more costly and difficult for those creditors to locate assets, but they are truly effective only if you are also willing to flee the country to retain your assets should you have a judgment against you.
However, unless and until governments take legislative action to prevent transfer of assets to asset protection trusts, creditors will not have completely effective remedies against a debtor who transfers assets to an offshore asset protection trust.
 
 
 
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