With the ever-changing nature of our laws it is important to regularly asses your assets, a strategy that works today may not work tomorrow. When properly implemented, limited partnerships, limited liability companies, offshore trusts and domestic asset protection trusts may provide a significant restraint on attacks from litigation. In addition, having assets owned by business entities and irrevocable trusts may provide greater protection than keeping those assets in one’s own name. There is no guarantee that any particular asset protection strategy will be absolutely bullet-proof.