Firstly, as i mentioned, there are costs to reducing risk, so it's counter productive to educate poor people on how to structure assets when they have no assets.

So the idea of "stop being poor" is not in play. This doesn't make you rich, it is the reduction of risk that comes with being "rich". (For some definition of rich).

Secondly it's not "taking advantage" in a pejorative sense. It doesn't make other people poorer. It protects assets from creditors. Specifically assets that are not designated as collateral for specific credit.

It's better to think about this like insurance. You pay something to reduce risk. Taking out insurance isn't an affront to poor people, or a sign of excess capital.

Your comment though is a common reaction. There's this notion that making use of financial structures hurts the little guy. Or makes people poor. It does neither. Rather, I would consider that those who should use it, but don't, are either uneducated, or lazy, or irresponsible, or some combination of all 3. The education part can be fixed.

Clearly, just like insurance, to use it or not is a choice. Everyone is free to make their own choices, and determine their appetite for risk. Unfortunately financial management is not taught at school, and those who never learn it tend to be those who also "end up with nothing."