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Top seven reasons why you should hold your business
and personal assets in a trust structure.
Call us on 02 9211 6000 today or request a call back
from a trust and asset protection specialist to learn more.
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Trusts can protect your assets from a variety of potential threats including bankruptcy, malpractice, accidents,
irresponsible heirs, and gold diggers who marry into your family. They can also create a firewall that insulates
your personal assets from potential business lawsuits and creditors.
Trusts can play an important role in business and family tax planning. Income earned from your business,
investments, and capital gains could be paid out to trust beneficiaries based on lower marginal tax rates. This
could save you tens – even hundreds of thousands – of dollars in taxes.
Growth and income-producing assets may be transferred and purchased through a trust. And, with its ability to
distribute profits tax effectively, this means more of your wealth could be reinvested back into assets or in other
investment opportunities – significantly increasing your wealth-creation potential.
Families can use trusts for financial planning purposes, meeting with an adviser and regularly discussing
investment options and strategies. This includes profit distribution plans and charitable donation beneficiaries.
Meetings can also be used to identify recipients of income distributions and inheritable assets.
Trusts let you transfer business and family wealth to future generations without any tax consequences. Use them
to easily keep trust assets out of reach from future creditors or relationship breakdowns. Trusts can also protect
future generations who may not be mature enough to handle the financial responsibility.
Trusts allow you to put conditions on how and to whom assets are distributed after you pass away. For example,
you can create special trusts that keep assets in your family lineage in the event your spouse remarries, ensuring
assets don’t end up benefiting someone you’ve never met.
Because trust assets aren’t held in your name, they aren’t included in your will. Since you are not the legal owner
of the assets, you can avoid probate proceedings and family disputes over trust assets.
Schedule a time to talk to a Asset Protection Specialist who can help you: