Futureproofing your assets is as easy as
1..2..3..
At Candor Asset Protection, we pride ourselves on building lasting relationships with our clients and offering understanding and support through uncertain or anxious times. Our method of asset protection has three steps.
Stage 1
Appointment of successor director
First, we help you appoint a successor director who will succeed your business responsibilities in the event you are incapacitated or pass away. Together with your successor director you can outline what you wish to happen in the event of other possible eventualities. This includes putting legal documentation in place to cover adverse events such as litigation or bankruptcy.
Your succession plan is a standby process and is not actioned until the foreseen event has occurred. When a successor is appointed, an indemnity is provided.
This can avoid thousands ($$$) in legal fees & lengthy delays in resolving replacing the director.
Stage 2
Asset protection documentation
Not only can we help you plan and establish procedures for your business, but also for more personal assets. We can help you establish a family protection trust to safeguard familial assets, protect accumulated wealth and ensure a smooth succession plan.
We ensure that all essential documentation, such as your bank account details are recorded and made accessible to family in your absence. You can think of this as putting a legal moat around the castle you built.
Stage 3
Estate planning
We will help you isolate and protect valuable assets (such as your home & all other assets), by putting them under the protection of the family protection trust and therefore distancing them from your Will. This allows you and your nominated trustees to ensure asset protection in perpetuity.
These measures will avoid the uncertainty of possible drawn out and expensive litigation against the estate.
Stage 1
Appointment of successor director
First, we help you appoint a successor director who will succeed your business responsibilities in the event you are incapacitated or pass away. Together with your successor director you can outline what you wish to happen in the event of other possible eventualities. This includes putting legal documentation in place to cover adverse events such as litigation or bankruptcy.
Your succession plan is a standby process and is not actioned until the foreseen event has occurred. When a successor is appointed and indemnity is provided.
This can avoid thousands ($$$) in legal fees & lengthy delays in resolving replacing the director.
Stage 2
Asset protection documentation
Not only can we help you plan and establish procedures for your business, but also for more personal assets. We can help you establish a family protection trust to safeguard familial assets, protect accumulated wealth and ensure a smooth succession plan.
We ensure that all essential documentation, such as your bank account details are recorded and made accessible to family in your absence. You can think of this as putting a legal moat around the castle you built.
Stage 3
Estate planning
We will help you isolate and protect valuable assets (such as your home & all other assets), by putting them under the protection of the family protection trust and therefore distancing them from your Will. This allows you and your nominated trustees to ensure asset protection in perpetuity.
These measures will avoid the uncertainty of possible drawn out and expensive litigation against the estate.
