Estate planning is the process of arranging for the transfer of your assets to your heirs or beneficiaries after your death. It involves creating a will, establishing trusts, and making other arrangements to ensure that your wishes are carried out. Estate planning is important for asset protection because it can help minimize estate taxes, avoid probate, and protect your assets from creditors and lawsuits.

Some common estate planning tools for asset protection include wills, trusts, powers of attorney, and healthcare directives. Trusts, in particular, can be useful for protecting assets from creditors and lawsuits, as they allow you to transfer assets to a separate legal entity controlled by a trustee.

Estate planning can help secure your legacy by ensuring that your assets are distributed according to your wishes. By creating a comprehensive estate plan, you can provide for your loved ones, support charitable causes, and protect your assets for future generations. This can help preserve your legacy and leave a lasting impact on the people and causes that are important to you.