When we talk about protecting our assets, we mean the series of legal instruments perfectly in accordance with the law that allow you to implement your assets as a means of planning and managing them.
Legal instruments exist to protect assets from third party actions, to distinguish company assets from personal assets, to plan inheritance, donations etc.
These tools should not be used when requests from third party creditors are already in progress, as they may prove counterproductive.
The cashier's check is issued by the bank only after receiving the necessary funds from the applicant to cover the sum that appears in the check. The advantage is that in most cases it can be requested free of charge from any bank. The agreed cashier's check amount will no longer appear in your bank statement once the bank issues it.
The trust is an instrument of segregation of derivative assets from the Anglo-Saxon system introduced also in other countries, where the settlor transfers the assets to the availability of the Trustee who administers them in the interest of the beneficiaries. A trust does not constitute a separate legal person, it is the trustee who holds the property in favor of the beneficiaries.
Cryptocurrency can also be called an asset segregation tool. Using particular techniques, it offers a valid solution in terms of liquidity segregation, therefore a protection from potential counterpart attacks, such as in divorce proceedings, litigation between siblings or relatives, inheritances, and foreclosures. Cryptocurrency is still complex for most people, it is important not to improvise, but to follow the indications of the experts.
Our company provides specific consultancy for the situations listed above, whether the party involved is an individual or a corporate. After an accurate case assessment, we can study a tailor-made solution that allows you to protect your assets.
Feel free to contact us at info@kolatery.com for a 30-minute free consultation.