
The whole area of asset protection is highly
specialized. Solutions can include the simple
designation of beneficiaries , the making of
a will or the setting up of inheritance trusts
and asset protection companies.
The whole area of asset protection is highly
specialized. Solutions can include the simple
designation of beneficiaries , the making of
a will or the setting up of inheritance trusts
and asset protection companies.
This is an area that should be considered by
everybody. We need to protect the assets that
we all work so hard to build up. Solutions to
consider might include any combination of those
listed on this page or other even more individualized
structures. Whatever your situation, this is
an area that is of crucial importance and which
is too often overlooked until it becomes too
late.
Asset Protection against litigation
Assets held offshore under third party ownership
are normally safe from creditors or litigation.
This type of asset protection tends to be very
popular with lawyers, doctors, dentists, company
directors or anyone else who wishes to protect
their assets from potential liabilities.
Trusts
These are a good way to avoid being taxed on
your worldwide income and assets, either in
your new country of residence or as you move
around the world.
Probate avoidance
A trust can be a much more effective vehicle
than a will for ensuring prompt distribution
of assets without incurring unnecessary legal
fees, particularly when those assets are held
in more than one legal jurisdiction.
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