You have worked hard, made sacrifices and accumulated some good assets and investments, so it’s natural to protect them as much as possible from exposure to creditors. This is where PJT Financial Services can help you.
How much your assets are protected depends on the way you structure the ownership of assets. That is, ensuring they're owned in the right names or entities. The ways in which assets can be owned include companies, trusts, partnerships and superannuation - all of which offer different benefits and tax ramifications.
There are many areas to consider when it comes to Protecting Your Assets. If you are restructuring ownership of assets to remove them from creditors, as under specific bankruptcy and liquidation laws, these transactions can be unwound. You must also be careful when transferring assets between entities - you could be subjecting yourself to additional taxes such as stamp duty and capital gains tax.
PJT Financial Services will help you gain an understanding of the benefits of each entity and can guide you around any potential pitfalls, and PJT Financial Services can recommend insurance products to protect your assets, life and risk to cover you should the worst happen.
Want advice on the best way to protect your assets? Request a meeting with a Business Advisor, or call us on 5413 9300.
GENERAL ADVICE WARNING: This information has been prepared without taking into account your objectives, financial situation or needs. Because of this, you should, before acting on this information, consider its appropriateness, having regard to your objectives, financial situation or needs.
PJT Financial Services Pty Ltd CAR Number 1243046 ABN 13615402189 is a Corporate Authorised Representative of Merit Wealth Pty Ltd ABN 89 125 557 002, Australian Financial Services Licence Number 409361
Wayne Patten ARN 277883 is an Authorised Representative and Jodie Thompson ARN 277884 is a Limited Authorised Representative of Merit Wealth Pty Ltd ABN 89 125 557 002, Australian Financial Services Licence Number 409361
What Client's Say
"PJT has always provided exceptional accounting service and advice relating to business operation, planning, taxation, investment and more.",
"The principals and staff are always approachable and display a sincerity in your business and situation.",
"PJT have made our life of running our own business much easier, knowing they are up to date with the latest in tax laws, and happy to help out with any queries we have,