3min chapter

Dev Raga Personal Finance cover image

245 money in your 40s and 50s

Dev Raga Personal Finance

CHAPTER

How to Protect Your Assets in Your 20s and 30s

New South Wales has one of the highest litigation rates for car accidents. Estate challenges are not uncommon when you die and especially if you don't have a legally valid will. You should be thinking about asset protection early in your life, maybe in your 20s or 30s even depending on your profession. There are four main ways of protecting your assets - family trusts, buying assets under the lower risk spouse, having a company structure and just getting damn good insurances.

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