Living Trusts: Do They Protect Your Assets From Creditors? A surprising number of readers want to know "Can a living trust protect my family's assets from creditors and lawsuits?"I think there are some promoters out there that use this as a pitch to get people to set up a living trust using their services:"Transfer your assets to a living trust and hide them from your creditors," are the claims. Second Marriages - Estate Planning Concerns One of the biggest areas of dispute in estate planning is with second marriages. Offshore Asset Protection Trusts for US Citizens When it comes to discussing offshore anything and US citizens - from offshore trusts to investments, from offshore banking to company incorporation - it’s important to note the following facts: -- US citizens are taxed on their worldwide income.

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