Asset protection services

Secure your business and personal wealth with our asset protection services.

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Protect your assets

from unknown risks

In the blink of eye your hard earned personal wealth and business can be taken from you.

Despite your business being a separate entity, a lack of proper legal structure could potentially expose your personal assets, savings and wealth to legal liabilities and claims.

At creditte chartered accountants & advisors we offer customised asset protection services, tailored to secure your hard-earned assets.

Our focus is on safeguarding your wealth by strategically segregating business and personal assets, ensuring they are held in separate legal entities. This approach minimises risks associated with business pursuits, including legal liabilities and compliance requirements.

Our expertise extends to creating structures that protect assets in various scenarios, such as financial difficulties or compliance challenges.

Let us help you protect what matters most, with smart, strategic asset protection services.

Why protect my assets?

Imagine this scenario:

After many years of running a highly successful real estate agency in Brisbane, Sarah is suddenly dealt a devastating blow.

Her agency finds itself embroiled in a major legal dispute over a luxury property deal which went bad and triggered a series of legal challenges that threaten the agency’s existence.

Sarah’s personal assets are intertwined with her business. Without a proper asset protection strategy in place, not only is the agency’s capital at risk, but Sarah’s personal investments, including her home and savings, become vulnerable to legal claims.

If you’re not certain that your assets are safeguarded, talk to us about how asset protection services can secure both your business and personal assets.

Why choose us for your asset protection services

Our Asset Protection Services

Asset protection starts with a conversation with you to clearly understand your business, your business structure, personal assets and where you’re potentially exposed to risk. An advisor will craft a custom asset protection strategy for you. Our services include:

Advising on the optimal business structure
Setting up family or business trusts
Reviewing and advising on contracts to ensure adequate protection
Strategic planning to separate personal and business assets
Legal compliance advice to avoid potential liabilities
Regular reviews and updates to adapt to legal and financial changes
Personalised consultations

Make sure your assets are protected

Book a discovery call or reach us here:

Frequently asked questions

What is asset protection?

Asset protection involves strategies to safeguard your assets from potential claims or liabilities, ensuring they are not unjustly or unnecessarily lost.

How to protect assets from lawsuits

In Australia, to protect assets from lawsuits, you can use trusts, insurance policies, and separate legal structures for business operations. It’s important to implement these strategies proactively, before any legal disputes arise. Consulting with a legal or accounting expert for personalised advice is recommended.

How to protect personal assets from business risks?

To protect personal assets from business risks in Australia, set up your business as a separate legal entity and consider establishing a trust. This creates a legal distinction between your personal and business assets.

Are assets in a trust protected from creditors?

Generally, assets held in a properly structured trust can offer protection against creditors. However, the level of protection depends on the type of trust, how and when it was established, and the specific legal regulations governing trusts and creditor claims. It’s crucial to structure the trust correctly and follow legal guidelines to ensure the intended protection is effective.

What is the process of setting up a trust for asset protection?

This involves choosing a trust type, appointing a trustee, and transferring assets into the trust for protection.

How does asset protection work for small to medium-sized businesses?

It involves structuring businesses in a way that separates personal and business assets, reducing the risk of personal loss due to business liabilities. Let us help you set this up correctly as part of our asset protection services.

How often should I review my asset protection strategy?

It’s advisable to review your strategy annually or when significant changes in your business or personal life occur.

Are there any legal considerations I should be aware of?

Yes, asset protection must comply with legal regulations to avoid issues like fraud allegations.