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What I meant was 'yes' some simple technquiqes exist which can strengthen asset protection. How much do these accountants charge for their 'asset protection' setup?

There are a few weapons you could use, but they aren't at machine gun level. Some are basic, but can be effected if used properly. a pen in the eye sort of thing.

Smoke and mirrors. Its like protecting yourself with a bedsheet during a home invasion:eek:

How do you gift equity?

The longer ago the gift is the stronger it will be. Generally over the 5 year mark is pretty safe.

Gifts can be clawed back. Under the bankruptcy act gifts can be clawed back indefinitely if they were done to defeat creditors. This is what asset protection is about. So be careful when sending emails to accountants asking for asset protection advice as this wouldn't be subject to lawyer client...

Accountants giving legal advice? This is the old gift and borrow back strategy. What is an equity bank trust? Sounds like a fancy marketing concept. How do you gift equity? You would be letting the trust, which would be a discretionary trust, take out a mortgage (registered or...