Asset protection is increasingly becoming an essential part of one’s life. These days, the writing of a will is only one part of protecting your assets. An individual may also feel the need to protect their assets against potential unknown complications arising from messy breakups or business failures. Our asset protection lawyers will provide you with the solution you need to ensure that your assets are best protected and any potential financial risks are kept to its bare minimum. Asset protection is a complex area of law and Hillary Cooper Law has the requisite skills and experience to help put together a comprehensive and comprehendible package for you. If you are fortunate enough to accumulate assets in today’s economy, you need to ensure that you have a cohesive plan in place to help safeguard and maximise your wealth.
A will is the single most important document that captures everything you have worked for all your life. Drafting one is highly essential if you want to ensure that your property is distributed in a manner that you desire after your death. It enables you to create a financial framework for your loved ones and your future generation. Poorly drafted wills could potentially cause problems to your family after your death and therefore, it is imperative for you to act in accordance with sound legal advice. Hillary Cooper Law is here to assist you with this. We offer in depth advice on the creation and legal formalities surrounding the drafting of a will, inheritance tax planning, probate and estate administration.
A Lasting Power of Attorney is a legal document that allows you (the ‘donor’) to appoint one or more persons (‘attorneys’) to help make decisions on your behalf – if and when you become unable to do so. Putting a Lasting Power of Attorney in place could help you deal with a temporary or permanent situation. This is especially true if you have been diagnosed with a debilitating mental condition and you may lose the mental capacity to make your own decisions in the future. Having a lasting power of attorney in place will provide greater security, control and reassurance for you and the family.
If you’re buying a house with someone else, you may want to think about getting a Deed of Trust to protect your investments. A Deed of Trust is typically taken out by couples, but it can also be used by family members or friends who are buying property together.
Even when you both put in different amounts of money into an investment, a Deed of Trust ensures that each party gets their fair share back. This can prove incredibly useful in the unfortunate event of a messy breakup or dispute. Trust Hillary Cooper Law to protect your interest. Contact us
Trusts can be used as a way of managing assets and passing down family wealth. It can be set up during a person’s lifetime or after death through a person’s will. A trust deed can also help minimise inheritance tax on death and protect assets from being dissipated through litigation. Hillary Cooper Law provides pragmatic advice in relation to your deed of trust and we will help you realise all your immediate and long-term benefits.