asset protection

Popular Terms
Safeguarding one's wealth against those who may have claims against it (creditors or former spouse, for example), often by converting it into an offshore asset-protection trust and thus keeping it out of the jurisdiction of local courts.

Use 'asset protection' in a Sentence

I needed some asset protection because people might want to take claim over my money and get it for themselves.
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When invested in a marriage in which finances are particularly one-sided, people often seek asset protection through the medium of offshore accounts.
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You should do your best to have good asset protection so that you can be sure that it always keeps its value.
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