Asset Protection

Asset Protection Service

We provide information about an Asset Protection Planning Service in Dubai, Abu Dhabi, and the UAE. This service offers various solutions to protect the assets and wealth of successful families and corporate clients.

Here’s a breakdown of the key aspects you’ve mentioned:

Scope of Service: The service covers a wide range of aspects related to asset protection, including acquisition, governance, risk management, and wealth preservation across generations.

Confidentiality: It offers solutions to ensure confidentiality, especially in high-standing jurisdictions, where privacy is crucial for asset protection.

Pre-Investment Advice: Clients receive advice on asset protection plans before making investments, ensuring that their assets are secure from the outset.

Protection Against Adverse Events: The service assists in planning to protect assets and businesses in the event of adverse situations like bankruptcy, divorce, or incapacity.

Generational Wealth Protection: Strategies are provided to safeguard assets for future generations, ensuring a legacy of wealth.

Governance Structuring: The service helps with governance structuring across generations, including mitigation of sharia law implications, which can be important in the UAE and other Muslim-majority countries.

Tax Planning: It offers estate and gift tax planning services, which are essential for wealth preservation and minimizing tax liabilities.

Business Succession Planning: This includes strategies for the smooth transition of businesses to the next generation, avoiding conflicts and disruptions.

The service provides fiduciary services, which involve managing assets on behalf of clients, ensuring they are handled according to their wishes and best interests.

Various asset protection vehicles such as trusts, foundations, companies, and funds can be set up as part of the overall strategy to protect assets effectively.

You’ve highlighted potential issues with assets held in personal names, such as probate-related problems, accessibility to creditors, lack of tax planning, and a lack of privacy.

Foundations are presented as a solution to many of these issues, offering a way to protect assets, plan for succession, establish a legacy, and maintain privacy.

Foundations offer several benefits, including ensuring assets are distributed as per the founder’s wishes, protection from creditors and governments, legacy establishment, privacy, and improved family governance.

The service emphasizes its expertise with over 50 years of combined international experience in providing these asset protection techniques to private individuals and corporate clients.

Overall, this Asset Protection Planning Service appears to provide comprehensive solutions for individuals and families looking to protect their wealth and assets in the UAE, with a particular focus on confidentiality, tax planning, and long-term wealth preservation.