KeyPlay Business Solutions

Asset Protection

Asset Protection and Entity Structuring  - What is it ?

Asset Protection Planning:

Involves the arranging of your affairs, both business and personal, in such a manner as to minimise the opportunities for potential creditors and predators to attack your personal assets should things not work out. Asset protection can be done legally and ethically and, while it doesn't involve hiding assets, it does involve structuring your affairs so that the assets are owned outside of the potential reach of others who may try to attack them at some point in the future.

"All good will be attacked". ... Jim Rohn

Entity Structuring:

Entity Structuring involves establishing the best and most appropriate structure for your business. The different entities you can run a business through include:

• Sole Traders
• Partnerships
• Partnership of Trusts
• Discretionary Trusts
• Unit Trusts
• Companies
• Self Managed Superannuation Funds

Each of these entities have varoius advantages and dis-advantages. Structuring entities and setting them up correctly is complicated. It is important you get the right advice. Click on the links above to explore more information about each entity.

If you run a business that is exposed to risk then one way to limit this risk is to use a company. Either as a Trustee of a Trust or as a Trading Company. Please click here to read more about companies and asset protection.