Asset Protection
Asset protection is a key preventative legal strategy in wealth protection and estate planning. It can help protect assets from future creditors and predators, including bankruptcy and in future family law and estate challenges.
Our lawyers have specialist expertise and can assist you with all aspects of asset protection. Leading the team is principal lawyer Nathan Yii, a Chartered Tax Advisor and Trusts and Estates Practitioner, recognised by his peers in Doyle’s Guide as a leading Wills, Estates & Succession Planning Lawyer and Litigation Lawyer.
Protecting your hard work
We work closely with individuals and SMEs to help them gain control of their assets and create the most resilient structures to safeguard assets from creditor and predator attack.
Business risk, bankruptcy, family law risk and estate challenge risk are all issues that impact on how assets or businesses are structured.
There are many strategies to minimise the risk of:
Attack by existing or future creditors (by having regard to bankruptcy laws and clawback periods)
Challenges to the distribution of wealth on death
Family law attack in the context of property division.
However, it’s important to keep in mind that effective asset protection requires a proactive approach, acting sooner rather than later.
Areas of expertise
We can assist with:
Parent to child loans
Tailored business and investment structures and restructures
Wealth equity trusts and gift and loan back arrangements
Transfers of family homes between married and de facto couples
Asserting security in the event of a crisis or in a dispute setting