You have the opportunity of protecting your assets from any litigation or government claim plus a family provisions claim in the event of your departure. Litigation and family provisions claims are rife and may arise from someone falling in your home or an investment property, if you are a professional – a professional indemnity claim and definitely a claim on your estate upon your death. Given Australia has the most lawyers per head of population in the world it is not surprising. After all they have to live somehow!
A Real Case in Point: A family provision claim on your estate assets may result in long and costly court proceedings. In Western Australia in 2018 the judge of the WA Supreme Court castigated lawyers who had taken five years and $500,000 in legal fees to challenge a $600,000 estate consisting only of the deceased’s home. This is happening every day in Supreme Courts around Australia and we do not want that to happen to you.
We have teamed up with Lawyers and specialist asset protection and estate planning advisers, Abbott & Mourly to provide “The Protector” an asset protection trust package, which not only provides asset protection, but ensures that your assets are held for the benefit of those beneficiaries in your lineage or bloodline that you want. This will ensure that your hard built assets are kept in the hands of your lineage.
We can review your current assets & liabilities, business and investment entities, and determine a strategy that fits you and your circumstances to protect your assets. Let’s have a chat now.