Privacy Trust Plan #2
The Privacy Trust-Plan #2 adds the asset protection benefits to the plan which we have just described. When we supplement the trust with an entity such as a corporation, Family Limited Partnership, or Limited Liability Company, we can insulate and shield assets from the risks of potential liability. Rather than holding property directly in the trust, we hold assets within entities that are designed to accomplish asset protection purposes. The interests in those entities are owned by the trust.