Asset Protection Basics
A. What is Asset Protection? For the past several years asset protection has been one of the fastest growing areas of law. It is also one of the most controversial – the goal of asset protection is to shield assets from the reach of creditors. Asset protection planning is premised on the creditor’s ability to collect. After all, if the creditor has no right or power to collect on a judgment, there is no need for protective planning. Simply put, asset protection is about struc