An asset protection trust is a trust that is created for purposes of protecting assets. Asset protection trusts must be created in a jurisdiction that allows this trust type or may be created offshore. The trust should be created in a jurisdiction with laws favorable to the protection of assets and it should be created in accordance with local requirements. Assets you wish to protect should be transferred into the trust with the goal of deterring creditor claims against you. You should work with an experienced attorney to create an asset protection trust and to make certain you have appropriately funded your trust.