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hi this is the business guy so lets talk about the pros and cons of asset protection trusts okay so maybe youre asking if an asset protection trust is right for you what are the upsides and the downsides now the positives and negatives will make the most sense if i give you a little background so stick around until the end and well go into detail about how asset protection trusts work to protect your assets from lawsuits now im going to break down the pros and cons for you even further because there are two types of asset protection trusts domestic asset protection trusts and offshore asset protection trusts theres also a domestic offshore hybrid called a trigger trust that well talk about at the end of this video now we set up both types of trusts but if you study case law youll clearly see that the most powerful by far to protect your assets is when you put your assets into an offshore asset protection trust and ill tell you why but first itll give my heart great joy when y