Please choose the correct ending to complete the given sentence: Finance and Business: [header] How to protect liquid assets [title] Decide which trust is right for you. [step] Asset protection trusts traditionally are established offshore. However, a number of states have passed laws that enable asset protection trusts to be created.

Ending1: [substeps] The purposes of a trust are to provide to beneficiaries a chance to buy or sell their assets if the property is they are in sound financial condition. One common rule of thumb is that money diversification will limit your use of assets. Ending2: Assets may be invested by a family member or government agency, or taken by someone other than the beneficiaries. Generally, these trusts are created to offer personal protection to beneficiaries. Ending3: These domestic asset protection trusts are subject to strict guidelines that vary by state. [substeps] Offshore trusts can be tricky-particularly if you have no continual ties to the country where you set up the trust. Ending4: These laws are based on public policy decisions. These laws may be different in every state, but in most states a) the trust is a government trust.

Answer format: ending1/ending2/ending3/ending4