Asset protection

[Caledonias]

What would be the best structure to perform to protect my assets in Australia?

Does Australia trusts really work ?

 

[Sols]

While you could take time to read up on the ins and outs of trusts‌ setup in New Zealand and Cook Islands as well to keep it regional and also‍ explore Liechtenstein setups, speak with an Australian lawyer before actually proceeding (assuming you live in⁠ Australia). An incorrectly setup trust is worthless and crumbles in questioned in court.

 

[Martin Everson]

Protect from what?

 

[Caledonias]

Creditors in Singapore

 

[Spinat]

Luxembourg seem to be still the no. 1 stop for such asset protection setups. I'm‌ sure Cyprus and Singapore will offer the same level of protection.

 

[Clip]

Wich one is the best for holding shares?

 

[Spinat]

If you have sufficient with money you will choose Luxembourg that's what I would do,‌ after that I would setup something in Cyprus or Malta which both will work very‍ well.

 

[Caledonias]

But the directors of the holdings are public or⁠ you are thinking to put a nominee?

 

[Spinat]

always use nominees in such setups. Or use someone‍ you can trust.