Constructing an asset protection plan requires a careful analysis of your assets and reorganization of those assets so that you can provide maximum protection against risk or loss. A common misunderstanding that clients have is that asset protection involves some type of fraud or “hiding” of property. This is certainly not the case. When done appropriately and within the requirements of the law, asset protection is completely legal. You can be prepared for nearly any unforeseen situation that would otherwise put your property at risk. You can accomplish this without engaging in any type of fraud or tax evasion.