Taxes are not the only consideration for setting up a particular holding or trading entity. A major consideration should also be asset protection. Every Family wants to protect their hard-earned wealth, be it a business, investments or the families personal assets and home, form the reach of others. Claims against you can be made by creditors, divorced spouses, ex-employees, and even recalcitrant relatives.
Separating Assets At Risk
The business is held in a trading entity while the business assets are held in a holding entity and hired back to the business
Ensure all personal assets and family home have limited exposed to any business failture.
Professionals in high risk occupations ( medical profession, consultants ) have all business and personal asset correctly structured to minimize risk of loss.
Each Business Venture is correctly structured to not create a domino effect to business risk
Legal Agreement – Gift & Borrow back (see affilate partners)
