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From: Anonymous
Hi,
My first post using the web board and I like it.
I am in need of advice as to what sought of structure offers the best form of asset protection from possible divorce proceedings.
I hope that hasn't sent you all running I don't plan on getting divorced but am concerned about protecting my assets.
I have a principal place of residence purchased many years prior to marriage and an I.P purchased just after marriage my wife has no interest in I.Ps and this property is only slightly -ve geared so doesn't affect income greatly.
From my research I understand a proprietary company is not the way to go but what about Trusts if someone could point me in the right direction of a suitable structure
(if one exists) for me to research further.
Any advice on this topic would be appreciated and I shall of course seek independent professional advice.
Thanx
Hi,
My first post using the web board and I like it.
I am in need of advice as to what sought of structure offers the best form of asset protection from possible divorce proceedings.
I hope that hasn't sent you all running I don't plan on getting divorced but am concerned about protecting my assets.
I have a principal place of residence purchased many years prior to marriage and an I.P purchased just after marriage my wife has no interest in I.Ps and this property is only slightly -ve geared so doesn't affect income greatly.
From my research I understand a proprietary company is not the way to go but what about Trusts if someone could point me in the right direction of a suitable structure
(if one exists) for me to research further.
Any advice on this topic would be appreciated and I shall of course seek independent professional advice.
Thanx
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