Are there any drawbacks to asset protection strategies?

Related FAQs

What is asset protection planning?
What are the differences between U.S. and international asset protection strategies?
What is the difference between a trust and a will?
Can I use an asset protection trust to protect my IRA or 401(k)?
What is an insurance trust and how does it work?
What is a discretionary trust and how does it provide asset protection benefits?
How does an asset protection trust impact taxes?
What is a limited liability company (LLC)?
What is the difference between an asset protection trust and an irrevocable trust?
Can I use an asset protection trust to protect my assets from lawsuit judgments?

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