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To hide assets legally from creditors, divorce, and lawsuits, it's essential to act early to avoid suspicion of fraud. It’s crucial to take steps before any legal action begins; waiting until a lawsuit is underway can jeopardize your ability to transfer assets to trusts or protection entities. The speaker has been in the asset protection industry since 1991, and their company, established in 1906, has around 65,000 clients, making it a leading national firm in this field. Various techniques are employed to secure assets, though specific methods were not detailed in the text. Consulting a professional for guidance is advised.