398 | Asset Protection Trust
An asset protection trust (aka equity split) does not give you 100% protection but it helps. Each layer you use increases your protection from creditors.
An asset protection trust (aka equity split) does not give you 100% protection but it helps. Each layer you use increases your protection from creditors.
Asset protection layers can get pierced through. None is watertight. But the more layers you have, the more protected you are.
Asset protection silos are to ringfence the assets of one business from the creditors of another.
Tax Talks is Australia’s tax news podcast for tax professionals. Informative, entertaining and free.
Liability Limited by a scheme under the Professional Standards Legislations