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A trust is things i need for asset protection - Providers since they have been told that trusts can provide all the asset protection necessary. Well, they are wrong. trusts are primarily estate planning tools. They not provide asset protection in many. There also been too many cases where trusts were busted by lawsuits and assets were lost. So they are unreliable as asset protection resources. The first one will be the idea that attorneys charge a lot for their services instances their clients run the particular funds and have to funds in order