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Asset Protection Planning is designed to protect one’s assets from claims of future creditors or to impede their ability to seize the assets or to collect judgments.

Individuals with high wealth profile; those in high-risk professions such as physicians, doctors, contractors, pilots, architects; public figures that are easily targeted for lawsuits such as political figures, entertainers, professionals athletes; directors of public companies or anyone who has significant savings for their retirement should consider Asset Protection Planning.

There are various vehicles for Asset Protection Planning such as Domestic Trusts and Offshore Trusts. Among these vehicles, Asset Protection Trust has becoming more and more popular and are widely used.