PKF Tasmania

Asset Protection

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Asset Protection

Protect yourself, your family and your livelihood

It is difficult enough to make money and to accumulate assets for your retirement or family. In today’s business environment it is essential to limit the risks to your business, your assets and other investments.

Asset protection is an integrated series of strategies which are designed to limit the risks of loss, damage and reduction to your assets.

The strategies start with your choice of business structures and how your assets and investments are owned.

The way you go about business can also be made less risky, having regard to your relationship with customers, suppliers, employees and financiers. Your relationship with the Australian Taxation Office is also one where a different approach can produce different results from the same starting point.

Sometimes, despite your best efforts, things can go from bad to worse and you need to understand your options when things get serious. While it is never too late for us to provide some benefit, we have found that business owners rarely seek specialist assistance until it is later than would have minimised their stress and financial loss.