Asset Protection Techniques
Determining which asset protection techniques are most suited to your needs can be a complex and time consuming procedure. It is therefore advisable to enlist the assistance of a professional consultancy, to help you fully understand how best to capitalize on your assets.
If you would like to speak to a member of our team with regards to the asset protection techniques we can assist you with, please Contact Us.
Alternatively if you are ready to begin the process of applying for an offshore trust or foundation, please complete our Trust Application Form.
Our range of International Asset Protection Techniques
Whether you require an offshore trust of foundation for domestic, corporate or charitable use, DeltaQuest can provide you with a tailor-made offshore trust or foundation solution that will utilize the best international asset protection techniques.
We can provide you with the following asset protection techniques:
Estate Planning – Is an effective asset protection technique and can be used to plan ahead for future generations and to manage your estate for the benefit of your nominated beneficiaries. Estate planning can be used for tax planning through the following methods: gifting, family corporations, credit trusts, private annuities, Family Limited Partnerships, life insurance trusts and selling assets to family members.
Creditor Protection – By removing all legal ownership of an asset from your name into the name of (for example) your child, it will protect that asset from creditors as it will no longer belong to that person, and creditors cannot touch it in claims against debt or fraud.
Trust or Foundation Selection – Selecting the correct type of trust or foundation is crucial for the protection and management of your assets, and so you must take into consideration your intent for your wealth in the near or distant future. Spendthrift trusts for example come into activation once the settlor dies, and have a significantly high asset protection element.
LLC or LLP Formation – Forming an LLC or LLP provide excellent asset protection and tax advantages by eliminating personal liability and therefore increasing asset protection. The establishment of a Family Limited Partnership (FLP) or an LLC can safeguard your assets against business risks to a certain reasonable extent.
Jurisdictional Choice – Through careful selection of an offshore jurisdiction, an offshore trust enables tax exemptions and the avoidance of forced heirship rules. There is less risk of economic or financial crisis if the trust is set up in an offshore jurisdiction which has a stable and strong infrastructure, thus ensuring the assets invested in the offshore trust remain safe from outside threats.
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