Protecting your assets
Did you know that the way your business is structured could affect the protection that your business and personal assets are afforded?
Asset protection is one of the most neglected aspects of personal financial planning.
Put simply it involves trying to insulate private family assets and valuable business assets, that you may have spent years building, from possible future financial setbacks, family disagreements over finances and business failure.
How much your assets are protected depends on the way you structure the ownership of assets, that is, ensuring they're owned in the right names or entities.
Here at Taggart & Partners we specialise in finding the most appropriate structure to ensure you and your business are well protected. What's more, by getting expert advice from our team, you may find that choosing a different structure can actually reduce the amount of tax you're paying.
Give us a call or register here for a free 30 minute consultation to discuss whether your assets are adequately protected.