Asset Protection Trust

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A Trust structure provides asset protection as there is a separation of the business assets from the individual. Althoug...

  • Category: Other Services
  • Published: 05/01/2016
  • Current Rating: /5 0 Vote

    Description

    A Trust structure provides asset protection as there is a separation of the business assets from the individual. Although a Trust is not a separate legal entity, the business will be held in the name of the Trustee (which would usually be a company). Here the Trustee does not actually own the business as it is merely held in trust for the benefit of the beneficiaries. This creates a legal separation of the business from the individual.


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