The Philosophy Behind Protecting Assets from Creditors

By Steven J. Oshins, Esq., AEP (Distinguished) Asset protection has become necessary for just about every physician, every businessman, and every person with even reasonably substantial wealth.  It has become customary to have some form of an asset protection trust. As we see case law develop in the asset protection area, it seems that every time a new decision is issued there are numerous blogs and comments made about the case at conferences, whether positive or negative.  The litigators generally claim that the new case spells the end of the technique that was used and failed to work in this…