Asset protection whether it be in relation to business assets or personal assets can be achieved with forward planning and preparation.

Asset protection involves addressing the issues before any associated risk occurs.

We can assist you in protecting your business assets and/or personal assets, and can advise you on all asset protection matters, including:

•    Wills
•    Family protection claims
•    Business structures
•    Intended family succession
•    Property Relationship Act agreements and claims
•    Asset planning structures
•    Estate planning and administration
•    Trustee advice.

These days many people have complicated family structures.  Because of recent law changes and modern family structures estate planning is much more than deciding who will benefit from your assets when you are gone.  In days gone by simply having a valid will may have been sufficient to ensure your assets are preserved and left to your loved ones.

Unfortunately many of us do not have adequate estate plans in place which will minimise financial and emotional hardship when we are no longer around.

Having a valid will is still one of the vital components of an effective estate plan but there are many other aspects to be considered.  Such as:

•    Is a family trust or a trading trust desirable?
•    Should a company be established to own and operate a family business?
•    Is a contracting out agreement under the Property Relationships (Act) desirable?

We can review your personal circumstances and assess what action can be taken to better preserve your assets and give you peace of mind that your loved ones will be looked after, once you have gone.