Asset Protection

Asset protection should be a paramount consideration for all individuals who own or operate businesses or companies.  The lawyers at DSC Lawyers are experienced in advising their clients on the most effective means of asset protection and take into account the particular circumstances that apply to each and every client.

No matter how you and your family have accumulated your assets it is important to protect them to the extent permitted by law.  If you are setting up or starting a business or if you are operating or running a business then your personal assets may be at risk if you have not obtained quality legal advice in relation to protecting those assets.  The legal team at DSC Lawyers is available to advise you as to the business structure that will best serve your asset protection objectives and as to the family members in whose names assets should be held for their protection from creditors of your business.

Perhaps the most common form of asset protection is for individuals to operate their businesses not in their own names but via companies.  Although this does largely achieve a number of asset protection objectives there are circumstances in which creditors of companies can look behind the corporate veil and pursue the directors of companies personally.  This may occur in cases of insolvent trading. 
DSC Lawyers offers a comprehensive legal service regarding asset protection measures including services in relation to:

• Advising on all aspects of asset protection
• Establishment of trusts including unit trusts and discretionary trusts
• Insolvency and asset protection
• Bankruptcy and asset protection
• The appropriate business structure for asset protection purposes
• Asset protection advice for establishing a business or purchasing a business
• Contracts and agreements of all types required for asset protection purposes

In order to properly protect your assets you should obtain legal and accounting advice at the earliest possible opportunity.  The dedicated lawyers at DSC Lawyers can assist with accurate and considered advice in order to best serve your asset protection objectives.

Links

• Consumer Affairs Victoria: Contains information on business names and structures relevant to asset protection considerations
• Australian Securities and Investments Commission: Australian Government website with a wealth of information including information on deciding on your business structure having regard to asset protection considerations
• Australian Taxation Office: Website containing a wealth of valuable information including information in relation to business structures having regard to asset protection considerations