An asset protection attorney specializes in crafting legal strategies to assist their affluent clients in protecting their assets from various threats. The most common threats are from creditors, lawsuits, bankruptcy, and divorce. Asset protection is a safety net meant to help you protect your assets from threats by placing title to your assets in a trust, LLC, offshore entity, or other legal structure. If asset protection planning is properly utilized, it will make it difficult if not impossible for your creditors and other threats to touch your assets. Because there is such a fine line between legal asset protection strategies and illegal or fraudulent asset protection, it's imperative that you hire an asset protection attorney to ensure that your asset protection plan meets all state and federal requirements.