Trusts, Bankruptcy and Asset Protection

The advice from accountants has generally been to separate business from pleasure. That is, separate your risky trading enterprise from your personal use assets, mostly using trusts and company structures to do this.

Recent cases have shown that the trust structure, if not properly administered, has the possibility to leave taxpayers open to family law claims and bankruptcy proceedings. This surprises many.

See if we can resolve some of the uncertainty for you, contact us to discuss.

Author: lucentor

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