Defense-in-depth sounds sensible, but isn't it also sound to title your assets to separate entities?

Absolutely. Diversification too is an important strategy. Deploying your assets into different protective 'baskets' is common sense and sound planning. Why keep all your eggs in one basket? Your goal is to force a creditor to pursue your assets dispersed in different ways, protected through different entities, and located in different jurisdictions. Should the creditor recover assets from 'one basket', the wealth sheltered in your other 'baskets' remains safe. Diversification is particularly important to protect significant wealth. For example, you would want to deploy a multi-million dollar portfolio in several protective 'baskets' – and they may be quite dissimilar. We oftentimes combine layering or 'defense-in-depth' with diversification to produce the strongest plan.

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