Asset Protection Tools
Asset protection encompasses succession planning, protecting your assets for future generations, as well as the tools you need during your life to give control, certainty and clarity with how your assets are to be dealt with.
Some of the tools our team at Godfreys Law can use to help you protect your assets include:
- Preparing and revising your Will
- Enduring Powers of Attorney
- Contracting Out Agreements
- Family Trusts
- Business Ownership Structures
- Shareholder Agreements including Buy/Sell Agreements
- Key Person Insurance
- Inheritance Trusts
- Personalised Asset Protection Plan
Because of the broad scope of asset protection measures, there simply is no one-size fits all approach. One of our specialist asset protection lawyers can meet with you to create a personalised plan to manage your assets.
Creating A Family Trust
Family trusts can protect your assets and benefit your family long after you’ve passed away. You can use a Trust to protect an inheritance for your children until they come of age, or make sure only they, and not their partners get access to that money.
By placing money or assets in a Trust, they’re also protected against creditors if a business venture in Christchurch fails. You get peace of mind knowing you have protected your family home.
Forming a Trust is a big decision. We can advise you and your family on the pros and cons of a Trust, and make sure it is established and managed properly.
Invest In Your Future
Our goal, as your trusted advisors, is to guide you through the process of protecting your assets. We’ll explain everything in plain English, without all the complicated legal jargon, and assist you in selecting the appropriate tools and strategies.