What can asset protection do?

Asset protection serves many purposes. It can, for instance, protect assets from creditors, discourage lawsuits, encourage settlements in your favor, help you avoid fraudulent conveyances, help you avoid probate litigation, minimize taxes, provide income flow, and help you retain control over your assets during the end of your life and after your passing. Most importantly, asset protection can help reassure you that your family and loved ones will be provided for even after you are gone.