As previously mentioned, secured wealth protection trusts are a fantastic tool to mitigate the impact of IHT on your estate’s descendants. But this is not the only reason you should consider them. A secure asset protection trust in the UK can also be utilised to protect your assets from unfavourable financial developments and shield them from creditors. Let’s say, for example, that you are going through bankruptcy, and your possessions are now in foreclosure. Your trust-transferred assets will not be subjected to this enforcement as, technically, they are no longer your direct property. The same is true if you are going through a divorce and you don’t want your estate to be divided during the judiciary process.