asset protection
Definition
Safeguarding one's wealth against those who may have claims against it (creditors or former spouse, for example), often by converting it into an offshore asset-protection trust and thus keeping it out of the jurisdiction of local courts.
asset protection is in the Accounting & Auditing, Banking, Commerce & Finance, Disaster Planning & Risk Management and Investing subjects.
asset protection appears in the definitions of the following terms: capital flight and portfolio management
asset protection appears in the other term: asset protection trust (APT)
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