Protecting your hard earned assets and reducing your tax liability legitimately

…is it possible in this day and age?

Tim ThorneBy Tim Thorne

In a word, yes.

And it’s easier than you think.

We all have assets. We have worked hard to accumulate them and they are of value; financially and personally.
These might be property, shares, cash and other investments.

Every day we put our assets at risk as we interact with others, from being involved in damaging lawsuits, facing creditors, bankruptcy, divorce and even overly harsh and un-necessary taxation. Liabilities may arise and legal action could take our assets away.

Getting wealthy takes vision, hard work and tenacity. Staying wealthy and preserving your position hinges on the ability to retain and protect as much of your income as possible.

What we are talking about is not just squirreling away as much of your earnings as the tax man will allow you to; we are talking about developing a sound, innovative personal tax planning strategy.

You CAN be pro-active; make informed choices that will legitimately minimise the amount of money you have to lose in taxes, while taking advantage of investment policies that will see your savings grow at a much faster rate than you ever believed possible.

How is all this achievable?

By working with an trust planning specialist who knows what they’re doing.

If you are a UK tax payer, (whether a business, sole trader, Individual or partnership), then you may qualify for a personally designed tax planning strategy using unique trust planning that can be declared to HMRC quite happily.
Funds invested using the planning are 100% safe. Should you become embroiled in any marital or partner disputes, or an acrimonious divorce whereby finance is involved, the funds locked away in trusts are inaccessible and protected.

The same is true of any sort of legal action that you might be caught up in, including disputes in your business life. Company directors often have huge responsibilities. Not only are they be responsible for the livelihood of their workforce, but they may also invest large sums of their own money into setting up a business, and if that business fails, or the enterprise becomes involved in a financial dispute with another company, a company director may be held personally accountable.

But as is the case with civil disputes in your private life, the funds locked in trust cannot be called to account.
Trusts are an innovative way of safeguarding any part of your income that you divert into them. They are a prudent method of protecting the vulnerable finances of any moderate to high earner.

Most of our clients are busy people and forging their way through endless pros and cons can be frustrating. Complex issues sometimes present themselves and this can end up with the client wasting time and money going round in circles, searching for answers to such questions and putting off the very important task of structuring their personal affairs and putting their house in order.

Offshore IBCs, LLCs, Foundations, Multi-jurisdictions, offshore banks, currency fluctuations and everything that goes with sending money offshore and creating a suitable structure can give rise to many Q&As. Sometimes simple solutions work best.

Over the coming posts I’ll take a look at two specific structures, each of which is an extremely secure, robust and effective Asset Protection vehicle and tax mitigation tool!

To read Tim’s full report “Umbrella Remuneration Trusts and Asset Trusts Explained“, as well as a host of other reports that cover all areas of asset protection and international diversification, enroll as a Q Wealth Member here:

Existing members can Log in Here

 

Tim Thorne works as a consultant and advisor for a leading UK-based wealth management company specialising in trust planning. Whatever your needs, he is able to build a secure environment to suit either your individual financial requirements or those of your company. Moreover, his team of experts possess the know-how and experience to restructure your wealth so as to bring maximum benefit to you and your family.

To find out how Individuals, companies, sole traders and or partnerships can protect their hard earned assets and utilise tax planning strategies contact [email protected] in the first instance and we will organize a call/free consultation for you with Tim.

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