Asset protection refers to a set of legal techniques used to protect an individual assets from law suits. Through the use of proper asset protection techniques you can preserve your wealth and ensure that you retain the benefit of your hard earned income and investments.

Generally speaking, asset protection is based on the basic principle that any asset owned by a person can be reached by that person's creditor and therefore diminished. Asset protection therefore sets as its goal the concept of removing assets from a person's legal ownership while, at the same time, allowing that person to retain control and beneficial ownership over that asset.