The focus of this course is on the tax considerations in asset protection for individuals and businesses. Asset protection is a highly complex planning activity, involving not only tax rules but also legal considerations and personal/business issues. This course will concentrate on certain key areas of asset protection: using trusts, seeking bankruptcy protection, and planning for estates, emphasizing the tax implications of these asset protection strategies. It will also briefly cover other strategies that can be used for asset protection, such as entity selection for businesses, insurance, and protection from dealing with financially-troubled individuals and businesses. Upon completing this course, you should be able to: Explain how trusts offer asset protection; List estate planning techniques to preserve estate assets; Discuss strategies that businesses can use for asset protection