This is a vehicle for holding your assets to keep them off your balance sheets. An Asset Protection Trust can be an advantageous legal tool to secure and protect assets such as real estate, bank accounts, company assets, annuities, dividends, stock portfolios, furniture, artwork, precious jewels and estate valuables.
Asset protection trusts make it exceedingly difficult for a creditor to seize your assets. They provide a disincentive to litigate. In the event you are sued, an asset protection trust helps you to settle with a debtor or creditor on favorable terms instead of agonizing and costly litigation.
A trust must be properly implemented to protect you. A Belize trust takes advantage of the jurisdictional laws. When you put your assets into an asset protection trust, it will keep creditors from retrieving your assets directly from the trust.