Index
About Me
Asset protection lawyer
Estate planning lawyer
Real estate lawyer
Business incorporation lawyers
Legal words
Office Location
Links
 
 
 
ASSET PROTECTION
Asset protection lawyer
 
Asset protection planning
 
There are a number of techniques available to legally protect assets from seizure. Anyone with a large estate, and particularly with an involvement in commerce, should consider protecting themselves from the evolution of "deep pockets" litigation.
 
Incorporation structures: single-corporation, or sibling corporations, and parent-child structures, depending on the circumstances.
 
Principal Residence Trusts to safeguard a major personal asset from the risk of seizure from creditors, and to avoid probate taxes, and to simplify succession issues upon death. Personal use real estate should not be owned by a corporation, as the Principal Residence exemption offered under the Income Tax Act to individuals is not available to corporations; but it is available to a Trust.
 
Personal Use Trusts to safeguard investments and liquid assets from the risk of seizure from creditors, and to avoid probate taxes, and to simplify succession issues upon death.
 
Cottage Trusts to safeguard this asset from the risk of seizure from creditors, and to avoid probate taxes, and to simplify succession issues upon death.
 
Family Trusts to hold title to corporate shares to allow future growth to accrue to family members, while retaining control of the corporation to the donor.
 
 
 
 
 
 
 
Email: lawyer@rogers.com

Phone: (905) 823-1487
Toll Free: 1 877 949-8202
Fax: (905) 823-2529

1498 LEWISHAM DRIVE
MISSISSAUGA (CLARKSON),
ONTARIO
L5J3R4