There are several strategies that can be used to protect assets. For example, establishing trusts, creating business entities, and negotiating pre and post-marital agreements are some ways to protect assets. Trusts can help to safeguard assets against potential litigation, judgments, liens, and fraud. Creating a business entity such as a limited liability company (LLC) can protect personal assets from business-related liabilities. Pre and post-marital agreements can also help to protect assets in the event of a divorce.