Asset Protection Strategy
How would you feel if everything you’ve: worked for was lost? The majority of business owners unknowingly have their assets exposed, and risk losing their wealth. This is because they have not been advised on how to structure their assets and liabilities in the event of misfortune. To many businesses owners, that find their business in financial difficulty, end up not only losing the risk capital they put into their business but also their personal assets (like the family home) To avoid this disaster from occurring, Contact Makari & Co for advice in property your assets.
We keep a breast of the latest changes to the insolvency and bankruptcy laws, Makari & Co. helps its clients to:
- maximise the protection of their assets;
- ensure their assets are owned in the most appropriate structure;
- build a wall between their business and personal assets;
- gain the maximum security they can for advances to their business;
- and protect themselves before it’s too late.
Asset protection planning involves figuring out and applying a lawful series of techniques that protect your assets from claims of future creditors. The techniques are designed to deter potential creditors from going after you, and frustrate them if they do, generally by making it difficult or impossible for future creditors to grab hold of your assets or collect judgments against you.
In cases where significant sums are involved, asset protection planning often includes setting up a series of structures to legal title to your assets. A future creditor who recognises how difficult it would be to collect on any judgment it may win, might decide it makes little sense to pursue a claim, or be willing to settle for pennies in the dollar.
Through years of researching and analyzing client businesses, Makari & Co. can assist you in protecting your assets.
