Avoidance of transfers to asset protection trusts

• S. 256 § 1402
A new § 348(e) allows a trustee to avoid any transfer by the debtor to a self-settled trust or similar device made within 10 years of filing the petition, with “actual intent to hinder, delay, or defraud any entity to which the debtor was or became, on or after the date that such transfer was made, indebted.” This provision would allow recovery of funds transferred by the debtor to an asset protection trust, but apparently only if the trustee could establish that the transfer was made in connection with avoiding a particular claim, rather than simply as a general asset protection device.