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To legally hide assets from creditors, divorce, and lawsuits, it is crucial to act early to avoid the appearance of fraud. Waiting until legal action is underway may render protective measures ineffective. The speaker, with extensive experience in asset protection since 1991 and representing a firm founded in 1906, suggests consulting their organization, which has a substantial client base. They employ various strategies to safeguard assets legally. It is essential to explore options proactively, such as transferring assets to trusts or other protection entities, rather than waiting for legal challenges to arise.