We spend much of our lives paying tax, building wealth for our benefit and our descendants and then before you know it, from nowhere comes a third party wishing to take it from you but in fact it isn’t from nowhere, you saw this coming, or at least you had an inclination it could come.
Protecting your assets usually involves gifting assets into a trust ⟨waqf⟩ or otherwise, so that a third party cannot make a claim for your assets. Third parties include, amongst others:
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Some laws in the UK permit the above to be taken into account when adequate planning has not been carried out, for example the Marital Causes Act, the Care Act and various other taxation laws.
The general thesis is that, whatever asset belongs to a person can be subject to a claim under the right circumstances. What does not belong to a person and more specifically belongs to a trust, is unlikely to be taken into account.
The Prophetﷺ asked of a bedouin man who leaving a camel without tying it
Why don’t you tie down your camel?The Bedouin answered,I put my trust in Allah.The Prophetﷺ then replied,Tie your camel first, and then put your trust in Allah.