The trust asset management is a recently introduced legal institution in Hungary, which offers many opportunities for the owner to protect his property. Trust asset management is an excellent tool for both property protection (protection against creditors) and deviation from inheritance rules or even tax optimization.

An inheritance procedure can take years and even litigation can develop, during which time a business can stop operating and the condition of a property can deteriorate significantly.

In many cases, the owner may want to deviate from the mandatory inheritance rules, or the owner's assets may be located in different countries, it is also common for the owner to have children from multiple relationships.

Preservation of existing property is a general goal for all owners. The primary aspect of property protection is to secure existing property against third parties. Trust asset management is an excellent tool to achieve all these goals, and even trust asset management is an excellent alternative to a marriage contract. Trust asset management helps to preserve the assets and hold together, it is a much more flexible and predictable means of transferring assets than inheritance, which may also provide anonymity.

If you want to know your assets and company are safe, contact us at office@dobrocsi.com.