Put simply, Asset Protection is the use of smart, legal strategies to protect your assets. This includes:
A successful outcome of asset protection planning might include the ability for at-risk individuals and their families to control or benefit from assets without legally owning them. The consequence is that if the at-risk individual becomes subject to liabilities or claims from creditors, those assets would not be available to satisfy them – even if a creditor is a successful litigant.
SMART Business Solutions strongly advocate the implementation of an Asset Protection plan.
We have teamed up with lawyers and specialist estate planning advisers to provide The Protector asset protection trust package.
As your adviser we recommend that together we undertake a simple three step process to see if The Protector is the right fit for you.
Given the litigious society we live in and where state governments, the ATO and other federal agencies can take monies from your bank for unpaid debts, and the danger of leaving your estate exposed to long and costly litigation from a family provisions claim, we feel that it is important for all of our clients to examine the process and determine whether or not to protect their assets and legacy with The Protector.
We'd love to chat further to see if this is the right fit for you. Just call us on 03 5911 7000 to get the conversation started.