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To hide assets legally from creditors, divorce, and lawsuits, it's crucial to act early to avoid appearing fraudulent. Waiting until a lawsuit begins can hinder protective actions like transferring assets to a trust. The speaker has been in asset protection since 1991 and their firm, established in 1906, has about 65,000 clients. They emphasize that there are various techniques to secure assets legally and recommend consulting with their firm for guidance. The video tutorial will detail these methods to ensure assets are protected before legal actions escalate.