ASSET PROTECTION STRATEGIES
Protect yourself, your family and your business
Safeguarding your assets is essential to ensure long-term success. Whether you’re a business owner, investor, or managing a family business, effective asset protection can prevent unforeseen events from derailing your financial future. At Armada, we help you to develop tailored strategies to minimise risks and protect your assets through strategic structuring such as trusts, SMSFs, companies, or other legal structures.
Is Asset Protection complex?
The difficulty is knowing how to align your commercial needs in a business world with taxation obligations and what can be done to protect your assets in a risky environment. Our valuable knowledge and expertise has been developed from working with a range of clients with real life situations. We have used this knowledge to then implement successful structures, which have proven to be bullet proof and avoid unpleasant, unintended outcomes such as Capital Gains tax, Stamp Duty and asset loss.
What is Asset Protection?
Asset Protection involves creating barriers to shield your personal and business assets from financial & non-financial risks. By structuring your assets carefully, you can reduce exposure to unforeseen liabilities.
Common Business Risks
Businesses face multiple risks depending on what industry you are in. These risks include
- Financial risks – solvency concerns, managing debt and cash flow issues.
- Regulatory risks – changes in laws and compliance obligations.
- Operational risks – internal process failures or inefficiencies.
- Reputational risks – brand damage or public relations issues.
- Strategic risks – lack of forward planning or poor decision-making.
- Technological risks – cyber security threats and outdated systems.
how do we protect your assets
We focus on strategic solutions to reduce your exposure to risks
Risk Transference Use insurance to protect your assets. Coverage examples include asset insurance, workers’ compensation, professional indemnity, and public liability.
Risk Avoidance Make informed decisions to minimise risk. For example, avoid working with unreliable partners or engaging in high-risk contracts.
Risk Acceptance Understand that some risks are inevitable, so implementing “Asset Protection Strategies” will structure you to mitigate losses if these occur.
Risk Reduction Implement backup systems, such as alternative power sources or contingency plans for critical processes.
Risk Transference Use insurance to protect your assets. Coverage examples include asset insurance, workers’ compensation, professional indemnity, and public liability.
Risk Avoidance Make informed decisions to minimise risk. For example, avoid working with unreliable partners or engaging in high-risk contracts.
Risk Acceptance Understand that some risks are inevitable, so implementing “Asset Protection Strategies” will structure you to mitigate losses if these occur.
Risk Reduction Implement backup systems, such as alternative power sources or contingency plans for critical processes.
THE RIGHT STRUCTURE FOR YOUR BUSINESS
Choosing the right structure is crucial. Whether you opt for a trust, SMSF, company, or hybrid model, each setup has its own pros and cons. Our expert advisors can help you to navigate these options to find the correct structure that provides maximum asset protection and financial growth.
Our services include
- Establishing the right entity for your business or investment needs;
- Identifying if you have outgrown your current structure and assessing the viability of restructuring and its taxation implications;
- Careful analysis and determination of who runs the entity, who owns the entity, and who can access the entity; and
- Unwinding an existing structure.
Our team has spent over 25 years helping business owners, investors, and individuals across Western Australia to protect their assets. Our services include tax planning, business consulting, trust and company setups, and more. Contact us today to learn how we can help safeguard your wealth and protect what you’ve built.