When you have worked hard to build your wealth, you want to ensure that it is protected. Stacks can assist you to put the right legal structures in place both to grow your wealth and to protect it from risks.
Most people have assets. These might be in the form of a family home, a car, a business (such as a professional practice), a share portfolio, investment property, valuable artworks and so on. Most people who are fortunate enough to have a lot of valuable assets need a way to protect this wealth from risk.
We all know that you can’t take your wealth with you when you die. Wealth protection strategies are designed to prevent others taking your wealth from you while you are still alive. Wealth protection planning is a process by which the assets that make up a person’s wealth, whether they are personal assets, business assets or other investments, are organised so as to protect them from risk.
Building on the wealth that you already have is also a common goal. Investment opportunities can help you to grow your wealth. However, you need to ensure that the correct legal structures are in place, and that you understand the intricacies of the investment. Keeping your current wealth safe is always of paramount importance.
At Stacks Law Firm, we have lawyers from 25 offices in NSW specialising in the growth and protection of wealth. Our specialists regularly come together via conference calls and face-to-face meetings to share common precedents, pool resources and collectively problem solve. This is a real advantage for individual clients, who benefit from the shared knowledge of many experts.
Stacks can provide advice about secure and sound legal structures to help grow and protect your wealth, as well as minimising any negative repercussions in the case of credit issues.