The most reliable way to protect assets is to “break” the bond between the owner and the asset.
That is very difficult, to make sure that there is no formal connection between them, and to prove that in fact there is. A working tool is to discrete funds and trusts.
Moreover, both the trust and the private foundation are instruments that solve far more tasks than just asset protection.
Therefore, the initially structuring of the fund and trust can become a long-term solution to many of the tasks related to the ownership.