Personal & Business Asset Protection
Running any business brings with it the prospect of risk. At Cosgriff Orchard Legal we are skilled at providing advice to maximise the protection of the personal and business assets of our clients. Utilising an appropriate business structure will protect your personal assets from your business risks. Please see our Business Structures section for more information.
We will consider the different asset protection structures and the most appropriate mechanism to achieve your financial needs. Asset protection mechanisms may involve the following:
• Holding assets in a company;
• Holding assets in a trust;
• Transfer of property to another person or entity.
When deciding on an appropriate asset protection structure for you we will take into consideration and advise you on:
• The tax implications of establishing and conducting particular structure;
• Any Capital Gains Tax liability;
• Liability to Duties such as stamp duty as a result of transferring assets.
We can also advise you on particular trusts and variation of trust deeds as appropriate to your particular situation.
The proper protection of personal and business assets brings great piece of mind. At Cosgriff Orchard Legal we are able to provide advice and give recommendations based on our clients' individual needs and circumstances.
