NY Trusts and Asset Protection
Introduction
Self-Settled Trust
self-settled trust: no asset protection from grantor’s creditors - EPTL 7-3.1(a)
EPTL 7-3.1 Disposition in trust for creator void as against creditors
(a) A disposition in trust for the use of the creator is void as against the existing or subsequent creditors of the creator.
Resources
Raymond C. Radigan, Using New York Trusts For Asset Protection.