Asset Protection

Can I still control my assets after putting them in an asset protection trust?

Once you transfer assets into an asset protection trust, you typically give up direct control to gain creditor protection. The trustee manages the assets according to the trust terms, though you can often remain a beneficiary. Some domestic asset protection trusts allow limited retained benefits, but maintaining too much control can weaken the protection. The trade-off between control and protection is a key consideration when structuring these trusts.