Asset Protection Services & Holding Companies

At True North Trust Company, we are here to ensure that in any case, you are fully protected. Establishing a holding company for your business is paramount for your protection. Our trusted experts will ensure that the process of founding your holding company and protecting your assets is swift, professional and stress-free, leaving you and your business better protected and better off.

  • Throughout any business’ life span its day-to-day proceedings expose it to various levels of risk. Holding Companies allow that risk to be allocated to a parent ‘Holding Company’ that protects you personally from strenuous legal battles and any losses from its subsidiaries. In addition, Holding Companies also provide certain tax advantages through regional tax incentives that benefit you and your business.

  • Does the potential for a creditor or unforeseen legal risk make you worry that your current business ownership structure may leave you personally liable? Holding companies allow for undo risk to be transferred to a parent company while your existing business can operate as a subsidiary. This provides you with sturdy protection from legal proceedings and creditors ensuring your financial security.

  • A holding company is a financial organization that owns a controlling interest in other organizations and businesses, which are commonly referred to as subsidiaries.

    The parent corporation oversees and controls the subsidiary's policies as well as management decisions but does have a controlling interest in day-to-day operations.

    • Holding companies offer protection from losses accrued by and from subsidiaries—so in the case, a subsidiary goes bankrupt, the holding company provides protection from creditors.

    • A holding company is founded and operates for the sole purpose of controlling and protecting other companies & businesses. Holding companies have the capability of owning property (i.e., real estate, patents, trademarks, stocks, and other assets).

    • Businesses that are under the ownership of a holding company are referred to as "wholly-owned subsidiaries".

  • Schedule a consultation with one of our business experts today to decide what services are right for you.