Asset protection in the EU / US


Building Trust
What's the current status on asset protection in the EU / US as a EU citizen with clean, taxed EU earned money? Preferably with possibility for family to gain access in case something happens.

I read about some kind of english old trust, association whatever it was the is supposed to survive all attempts should you ever run into any bankruptcy or whatever problems where your assets might be seized. Don't remember the name though :)

Anything else? Anything simple? How about insolvency laws that make it a crime in your country not to declare every bit of asset? (although its not your asset anymore in those structures)