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To legally hide assets from creditors, divorce, and lawsuits, it's crucial to act early to prevent any suspicion of fraud. Delaying protective measures until litigation begins can be detrimental, as attempts to transfer assets at that point may appear suspicious. The speaker, with extensive experience in asset protection since 1991 and representing about 65,000 clients, emphasizes the importance of proactive measures. Techniques for asset protection include transferring assets to trusts or utilizing asset protection entities. For personalized advice, consulting with a professional asset protection firm is recommended.