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What is asset protection?
Generally, asset protection consists of structures and strategies that insulate a family’s assets from liabilities such as creditors, judgments, liens, lawsuits, etc. Asset protection strategies are unique to each client. The following is a sampling of strategies we utilize to protect families and their assets:
- Irrevocable trusts
- Business entities
- Layered holdings (shell entities)
- Division of ownership
- Property encumbrance and liens