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What does asset protection do?
Most people have insurance to protect against risk, but no insurance can cover every possible scenario, and you may not know which insurances are needed to protect against the unique risks you face.
Asset Protection Strategies for Rebecca and Rob
Assets for individuals may include property (including the family home or investment property), cars, stocks and money. In business, they could include cash, buildings, equipment, and inventory.
By implementing certain measures, a person, business owner or company can protect its assets from risks such as creditor claims, accidents, lawsuits, separation or other events.
The need for asset protection evolves as your life or business evolves. As you get older or more established, you have more wealth to protect and more reasons to protect it.
At RSM, we work with you to identify:
- Your assets – personal assets and/or business assets
- How your assets are currently structured
- The level of risk you are facing
- Your appetite for risk
- Smart asset protection plan
- Limited liability
RSM can collaborate with you to implement these strategies, with the optimal combination of clever structuring, effective practices, and ideal timing.
Get in touch with an RSM Asset Protection specialist.
We understand that a variety of factors come into play when it comes to realising your personal wealth objectives.
Talk to an asset protection specialist at your local office today.
