ASSET PROTECTION: THE GIFT AND LOAN BACK
By Andrew Henshaw, Director, Velocity Legal
Over your lifetime, you may have accumulated significant assets in your personal name. This could be your main residence, an investment property, a share portfolio or equity in a family business. Unfortunately, valuable assets in your name can be exposed in a number of ways.
Andrew Henshaw (Director at Velocity Legal) discusses gift and loan back strategies as a method of asset protection.
Andrew leads Velocity Legal’s Sydney practice.
If you are in a fight with the ATO or looking to restructure your business, you should have Andrew in your corner. Andrew is passionate about getting wins for his clients, solving difficult legal issues, and giving his clients clear and confident guidance. Andrew is a Chartered Tax Advisor, holds a Masters of Law from the University of Melbourne and is the author of ‘Life, Death and Taxes’. Andrew is also a passionate snowboarder and is always up for the next adventure in life.