Asset Protection Strategies & Business Structures
While much is made of the importance of getting the strategy for your business right, typically less thought is given to the importance of putting in place the right asset protection strategies.
When done with the right professional advice, asset protection strategies are as important to a business owner as the strategy for the business itself. Don’t wait until something goes wrong to get your asset protection strategy in place, the sooner an appropriate asset protection strategy is put in place, the better.
We place great value on our role as trusted advisers to our business clients and specialise in providing clarity and confidence to business operators. Contact us today to discuss putting in place the right asset protection strategy for you.
Although the separate and limited liability that comes with a company structure is an automatic and significant asset protection measure, the provision of director’s guarantees and the cross collateralisation of company and personal assets can render that separate and limited liability useless. We can advise you on the various entities and structures available to you including the benefits, costs and risks of each. We can help secure the longevity of your business and reduce the likelihood of disputes by implementing various agreements such a Shareholders or Partnership Agreement. We can also advise and assist you with the general legal needs of your business such as:
- Asset protection;
- Sole Traders;
- Incorporated Associations & Companies Limited by Guarantee;
- Private Companies
It is important to know whether to set up as a sole trader, partnership, company or trust and we can help you make the decision which is right for you. We can help you with all aspects of your structure, from setting them up, operating them all the way through to transferring shares or selling your business.
We take the time to understand why you are in business and what you are seeking to achieve. We then work with you to help you achieve your goals. Where appropriate we can work in with your other professional advisors such as your accountant and financial planner to ensure that a well crafted strategy is implemented and then executed.