The most common reasons for establishing asset protection structures are to protect assets from risks such as political risk in terms of expropriation, claims from a former spouse or related family member, or legal action that arises from a high risk occupation. Asset protection structures often comprise a trust but may comprise a foundation.
We specialise in establishing and administering trusts and foundations in a number of locations and work in conjunction with our clients' advisers to implement the most suitable structure for their needs.
It is important to note that asset protection structures should only be established at a time when there is no knowledge or expectation of any liability and the client is in a position to meet all existing liabilities