If you’ve spent a lifetime growing your personal wealth, it’s important to safeguard your business and personal assets by setting up a trust. In addition to asset protection, trusts also provide tax-saving and wealth-creation benefits. Our team of friendly accountants can help you better understand your personal and business risks and we’ll make sure that you have the right structures in place to protect yourself legally and financially from any potential legal action. Trust and asset protection can also lead to better tax and financial outcomes.
Safeguard Your Business and Personal Assets with a Trust
Family trusts ensure that you can manage, protect and pass on family assets (including businesses) from one generation to another.
There are numerous types of trusts that may be established for a business and they are used to prevent financial loss from lawsuits.
These are established according to instructions in a will; assets are held in trust and distributed according to the conditions of the deceased.