Vagyonvédelem

Your work often involves a great deal of responsibility and risks – and it may as well endanger your family’s security. Protection of your separate property, inheritance or perhaps businesses, moveable and immoveable properties obtained before accepting your current assignment or position is particularly important. Fiduciary asset management offers a reassuring and safe solution in such situations, which facilitates independent and distinct management of your separate property.

In the course of fiduciary asset management, the property is withdrawn from the pool of assets owned, whereby it becomes unavailable and untouchable to third parties – such as creditors. For persons working in positions or trades that come with high responsibility, such as construction entrepreneurs, fiduciary asset management may mean keeping their family assets safe even when their business needs a major loan for operation, or when an unexpected high expense may shake the foundations of the business.

Spouses may also qualify as third parties: in many cases – particularly in Hungary, where prenuptial agreements are not traditional – this may represent the only reassuring possibility of settling assets, as it may help the parties to be married decide which assets qualify as separate property or community property. Certainly, also in case of succession, fiduciary asset management represents a certain form of asset protection: the settlor may stipulate conditions to inheriting or acquiring a part of the assets, may specify the future of the bequeathed moveable or immoveable properties or rights, and may ensure through a number of directions that the assets are not divided at the time of his/her death or that they do not lose value in the course of a potentially prolonged probate procedure.

The members of our family business hold years of experience in asset management, as well as a complete legal, financial and administrative background; they involve experts, if necessary, to ensure worthy management and prosperity of assets – at your request, we are pleased to provide information on the optimum fiduciary asset management arrangements best suited to the life situation drawn up by you. Please contact us with confidence.