Assessing How Vulnerable You Are to Creditor Claims

Column A
Assets with Protection Features

Column B
Assets with NO Protection

Assets you have given away (but not fraudulently transferred)


Assets you own in your own name


Assets held by the entireties (typically real estate but can also be used for certain intangible personal property)

Jointly held assets

Interests in limited liability companies and partnerships

Stock in corporations, sole proprietorships

Proceeds of life insurance payable on death; life insurance owned by an irrevocable life insurance trust

Cash value life insurance

IRA's, 401(k)'s, profit sharing and pension plans

Checking and savings accounts, bonds, stocks, brokerage accounts, CD's, and money market accounts, vehicles, boats, airplanes

Offshore Asset Protection Trust

Standard revocable living trust; offshore bank accounts

Domestic Asset Protection Trust

Rights to income and principal held by beneficiary


People who have recently moved; low homestead exemption states

Special Needs Trusts

Support trusts

Trusts for Minors

Custodial accounts (after age of majority)

ASK YOURSELF: Have I protected enough of my assets by using Column A strategies so that if I lose all of my Column B assets, I still have a comfortable nest egg?