Why Asset protection
In our current claim culture it is very important that your assets are well protected. Entrepreneurs know that best. A separation between the private equity and venture capital ensures that your money is safe in case of a bankruptcy or a claim.
How do you protect your business assets? In addition how do you secure your private equity claims in the private sphere?
Inco Trust can inform you about the possibilities of protecting your assets, form complete ownership structures to a simple incorporation of a family trust.
There is no better way to protect your affairs and privacy from potential adversaries than through the creation of a well constructed offshore structure. As many countries become increasingly more litigious, governments continue to encroach on civil liberties and privacy and technology continues to make it easier for hungry lawyers to search for assets while making the decision whether or not you are “sue worthy”, many would benefit from establishing an offshore presence to protect at least a portion of their assets.
Offshore asset protection structures generally involve at least one offshore trust or offshore private foundation perhaps coupled with an underlying offshore company. Utilizing multiple jurisdictions is often desirable making it more difficult to locate and win judgments against any assets.
Clients are advised that in order to set up a proper asset protection structure, the client must be willing to give up “ownership” of the actual assets being placed into it. Not to worry though, as many legal and contractual safeguards are put into place. Additionally, it is possible to appoint protectors or guardians as well as several other roles within the structure to provide a further comfort level for the client. There are several structuring options available whereby the client can retain control in various roles within the structure if desired.
Planning the transfer of your estate can be very uncomfortable and emotional. The obligation to pay a large part of your estate to the government does not make it any easier.Inco Trust can assist you in structuring your accumulated capital, to transfer to beneficiaries, in line with your wishes. (enter)
Good planning is not only important for tax savings, but also offers the possibility to cut beneficiaries out of the succession, or to secure continuity of your estate. Our consultants of estate planning have a solution to all your needs. For example by using certification of your ability, establishing a family foundation, trust or fund, or by using a foreign legal person.
The consultants of estate planning of Inco Trust can assist you with:
- The tax aspects of marital conditions, wills and gifts
- The settlement of estates in this process heirs to take decisions which may have far-reaching tax implications
- Inheritance or gift of corporate assets and shares of companies, which is subject to certain facilities, such as a discount of 75% and interest-bearing deferred payment
- The tax consequences of death or gift in cross-border situations, such as foreign capital, live and / or work abroad, emigration and immigration
- The ‘catch’ and advising accountants, lawyers, bankers, solicitors and insurers on complex tax issues, they may face in estate planning for their clients