NY estates planning & probate attorney Russel Morgan, Esq.  explains what you can do in estate planning to protect assets. He explains that asset protection planning is primarily used by individuals, companies, or partnerships seeking to ensure that future creditors cannot attach judgments or liens to their personal or business assets. Much of the asset protection work he handles is geared toward medium- and high-net-worth individuals, who may hold assets ranging from real estate to major domestic and international trading and brokerage accounts. Currently, a significant focus is on protecting digital assets such as Bitcoin. Asset protection strategies for high-net-worth clients include creating trusts both domestically, in New York, and offshore, offering substantial benefits to those with medium or high levels of wealth.