What is asset protection planning?

Asset protection planning is the adoption of advance planning techniques which place one's assets beyond the reach of future potential creditors. In our practice, it does not involve hiding assets, nor is it based upon secret agreements or fraudulent transfers. It is based upon proven sophisticated combinations of business and estate planning techniques.

Asset protection is a way of protecting an individual’s assets in the event of legal proceedings being brought against the individual. There are a number of reasons why a person may wish to do this. A main factor is to limit the amount of assets that can be recovered if legal proceedings are put in place.

Another is to protect how much monetary value is actually placed under one's name. The less money or assets people know you have, the less likely they are to target you for theft or in a court case. The act of placing your assets into a business entity or trust means that another person cannot gain access to these assets.

The assets also cannot be identified as yours by criminals who, on seeing your worth, may try to use identity theft to gain access to your assets. Anyone who has a substantial amount of wealth can find asset protection advantageous. It is particularly helpful to people who work in professions with a propensity towards litigation.

Lawyers, doctors and business ... more.

I cant really gove you an answer,but what I can give you is a way to a solution, that is you have to find the anglde that you relate to or peaks your interest. A good paper is one that people get drawn into because it reaches them ln some way.As for me WW11 to me, I think of the holocaust and the effect it had on the survivors, their families and those who stood by and did nothing until it was too late.