A strategy which makes assets difficult or impossible to reach is called?

The concept referred to in the question pertains to measures that safeguard an individual’s assets from claims by creditors or legal actions. Asset protection strategies are specifically designed to create barriers that make it hard for creditors to access those assets, therefore ensuring they remain intact for the owner.

Asset protection can encompass a variety of tactics, including the establishment of trusts, legal ownership changes, and other financial planning strategies that shield assets. The aim is to legally protect wealth from claims, thereby providing security and peace of mind for the owner.

In the context of the other choices, asset insurance typically refers to coverage that protects against loss or damage to assets, but does not directly prevent creditors from accessing those assets. Asset limitation suggests restrictions on the ownership or usage of assets, which doesn’t inherently block access. Asset placement may imply the strategic location of assets, but again, it doesn’t focus on the protection aspect in the same manner. Thus, asset protection is the most comprehensive and accurate term for strategies designed to make assets difficult or impossible for others to reach.