Trusts, Business Structures, Asset Protection Plans
Trusts, Business Structures and Asset Protection Plans require careful planning and preparation to achieve their objectives.
We work with your lawyer and you to determine your needs and design and implement a plan for you.
A well-designed plan should:
- Minimize your tax
- Protect your assets from claims by creditors, predators and matrimonial property claims by a future spouse.
- Protect your children from matrimonial property claims by their spouses.
- Protect your wealth for passing on to your children and grandchildren.
- Provide a smooth transition of your wealth to future generations by removing assets from the scope of legal action under the Property Relationships Act and other laws.
- Exclude assets from means tests for Government assistance such as medical care and rest-home subsidies.
- Provide flexibility to adapt to changing circumstances
We recommend that you obtain advice specific to your circumstances. Please click on Contact Us to arrange a consultation.