Do I need to include asset protection planning in my estate plan

Yes. Asset Protection planning should be part of any well thought out estate plan. Creating a financial plan that helps you amass a respectable estate and an estate plan that ensures your estate assets will be distributed accordingly to your wishes when you are gone only takes care of two-thirds of the bigger plan. You also need to protect the assets you acquire so that you will still have some left to pass down to loved ones after you are gone.