Phoenix, AZ estates & probate attorney Anya Witmer talks about the myths surrounding asset protection in estate planning. She explains that a common misconception in asset protection is the belief that simply having a trust shields one’s assets from personal creditors. While there are advanced asset protection strategies that can be employed for beneficiaries—topics her colleague will address in another discussion—protection from one’s own creditors is far more complex. A trust does not automatically provide this safeguard; the assets in a trust often remain part of the grantor’s estate and, in most cases, are still subject to claims from creditors.