Business Trust Protection

Protect your business assets with our expert brokers

What Are Business Trusts ?

Business Trust Protection is a legal arrangement designed to safeguard a company's assets and ensure their proper management and distribution in the event of unforeseen circumstances, such as the death or incapacity of a business owner. By establishing a Business Trust Protection plan, business owners can create a solid succession plan, minimise potential conflicts among stakeholders, and ensure the continuity and stability of the business during transitions.

It's essential to work with experienced legal and financial professionals when establishing a Business Trust Protection plan to ensure the trust is structured effectively and in compliance with all relevant laws and regulations.

Benefits of Business Trusts

Business Continuity

A Business Trust Protection plan helps ensure the smooth transfer of ownership and management responsibilities in the event of the death or incapacity of a business owner, minimising disruptions and maintaining the company's stability.

Asset Protection

Placing the company's assets into a trust can provide protection against potential legal claims, creditors, and other liabilities, ensuring the business's financial security and long-term viability.

Tax Efficiency

Depending on the jurisdiction and trust structure, a Business Trust Protection plan may offer tax advantages, such as reduced income or estate taxes, which can improve the company's overall financial health.

Conflict Resolution

A Business Trust Protection plan can be tailored to suit the unique needs and goals of the business, providing flexibility in terms of asset distribution, management, and succession planning.

Customisable Structure

Depending on the jurisdiction and specific policy structure, the premiums paid for Key Man insurance may be tax-deductible as a business expense. This can help reduce the company's tax liability and improve its overall financial health.

Enhanced Privacy

Trusts often provide a greater degree of privacy compared to other asset protection methods, as the details of the trust are typically not publicly disclosed.

What other clients also insured

Buy and Sell

A Buyback Agreement refers to the process that a company goes through to purchase back any unresolved shares on the open market.

Medical Aid

Our medical aid plans cover all your approved chronic medication, certain health checks, and emergency visits.

Funeral

Funeral Cover is a type of life insurance that allows you to cover the costs of burial services for you or a loved one.